FIRE Calculator
Calculate how soon you can achieve financial independence based on your savings rate and expenses.
Current Finances
Investment Parameters
Your FIRE Projection
FIRE Strategies Compared
Different approaches to achieving financial independence:
LeanFIRE
Extreme frugality targeting $20K-$40K annual expenses. Focuses on minimalism and geoarbitrage.
Regular FIRE
Standard approach with $40K-$80K annual expenses. Balances saving and quality of life.
FatFIRE
High-income earners targeting $100K+ annual expenses. Maintains luxury lifestyle in retirement.
BaristaFIRE
Partial retirement with side income covering some expenses. Provides flexibility and benefits.
The 4% Rule is a good starting point, but for early retirement consider a 3-3.5% withdrawal rate. Your FI number is simply your annual expenses multiplied by 25 (for 4%) or 33 (for 3%).
- Sarah Johnson, Financial Independence CoachIncome Streams for Financial Independence
Diversify your income to achieve and maintain financial independence:
10 Essential FIRE Tips
Actionable advice to accelerate your journey to financial independence:
Track every dollar – Know exactly where your money goes using budgeting apps.
Maximize tax-advantaged accounts – 401(k), IRA, HSA can save thousands annually.
Increase income streams – Side hustles can dramatically shorten your FIRE timeline.
Optimize housing costs – Typically the largest expense (house hacking helps).
Invest in low-cost index funds – Outperforms 80% of actively managed funds.
Calculate your FI number – Annual expenses × 25 (for 4% rule).
Automate savings – "Pay yourself first" before discretionary spending.
Develop valuable skills – Higher earning potential accelerates FIRE.
Practice mindful spending – Align purchases with values, not impulses.
Build a community – Connect with other FIRE seekers for motivation.
Savings Rate vs. Years to FI
How your savings rate dramatically impacts your time to financial independence: