FIRE Calculator: Plan Your Early Retirement.

 

Futuristic FIRE Calculator

Futuristic FIRE Calculator

Your interactive dashboard for Financial Independence.

Current Financials

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$
$

Your FIRE Goals

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Advanced Projections

One-Time Financial Events

Your FIRE Dashboard

FIRE Number

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Years to FIRE

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Retirement Age

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Progress to FIRE

0%

Levers of FIRE

See how small changes can accelerate your journey.

User Manual: The Futuristic FIRE Calculator

User Manual: The Futuristic FIRE Calculator

Your guide to mapping out the journey to financial freedom.

Introduction to FIRE

FIRE (Financial Independence, Retire Early) is a movement dedicated to achieving financial independence and the option to retire far earlier than traditional timelines. This calculator is a sophisticated tool designed to give you a clear, visual, and detailed projection of when you can reach your FIRE goal.

The Layout

The calculator is designed for simplicity and power. The screen is split into two main sections on larger displays:

  • Left Side (Inputs): This is where you enter all your financial data, goals, and projections.
  • Right Side (Outputs): This is your dynamic dashboard, which updates in real-time to show your FIRE projection, charts, and actionable insights.

On mobile devices, these sections will be stacked vertically for easy scrolling.

Section 1: Your Financial Inputs (The Left Panel)

This is where you'll tell the calculator about your current financial situation and your assumptions for the future.

Current Financials

This section captures a snapshot of where you are right now.

  • Currency: Use the dropdown menu to select your local currency. All financial figures in the calculator will update to reflect your choice.
  • Current Age: Use the slider to set your current age. This is the starting point for your projection.
  • Annual Income: Enter your total pre-tax annual income.
  • Annual Expenses: Enter your total estimated living expenses for one year. This is a crucial number; the more accurate you are, the better the projection.
  • Current Invested Assets: Enter the total value of your current investment portfolio (e.g., stocks, bonds, retirement accounts). Do not include the value of your primary residence unless you plan to sell it for retirement income.

Your FIRE Goals

Define what financial independence looks like for you.

  • Desired Annual Retirement Spending: This is how much you expect to spend per year in retirement. By default, it matches your current annual expenses, but you can adjust it if you expect your spending to change.
  • Safe Withdrawal Rate (SWR): This is the percentage of your invested assets you plan to withdraw each year for living expenses in retirement. A common starting point is 4%. Use the slider to adjust this. Click the (?) icon for a more detailed explanation.

Advanced Projections

This collapsible section allows you to fine-tune the assumptions for your projection.

  • Annual Investment Return: Use the slider to estimate the average annual percentage return you expect from your investments. A common historical average for the stock market is 7-10%, but you can adjust this based on your risk tolerance.
  • Inflation Rate: Set the expected average annual inflation rate. This helps calculate the "real return" on your investments. A historical average is often between 2-3%.
  • Annual Income Growth: Estimate the average percentage your income will increase each year (e.g., from raises or promotions).
  • One-Time Financial Events: This powerful feature lets you model significant, one-off financial events.
    • Click the "Add Event" button.
    • Enter the Age at which the event will occur.
    • Enter the Amount. Use a positive number for a windfall (e.g., 50000 for an inheritance) and a negative number for a large expense (e.g., -25000 for a down payment on a house).
    • You can add multiple events.

Section 2: Your FIRE Dashboard (The Right Panel)

This section visualizes your path to FIRE based on your inputs. It updates instantly as you make changes.

Your FIRE Dashboard & Progress

This gives you the most critical numbers at a glance.

  • FIRE Number: This is the total amount of invested assets you need to achieve financial independence, based on your desired retirement spending and SWR.
  • Years to FIRE: The number of years it will take to reach your FIRE number.
  • Retirement Age: The age you are projected to be when you reach your FIRE number.
  • Progress to FIRE Chart: The donut chart shows what percentage of your FIRE Number you have already saved.

Summary Text

A simple, clear sentence summarizes your projection, telling you at what age you're on track to retire and with how much money.

Interactive Projection Chart

This is the heart of the calculator. This line chart visualizes your financial journey over time.

  • The Blue Line (Projected Assets): Shows the projected growth of your invested assets year by year.
  • The Green Dashed Line (FIRE Number): Represents your target investment goal.
  • The Intersection: The point where the blue line crosses the green line is the moment you are projected to hit your FIRE number and achieve financial independence!

Levers of FIRE

This section is designed to be motivational. It shows you the powerful impact of small, consistent changes. It instantly calculates and displays how much faster you could reach FIRE if you were to:

  • Invest a little extra each month.
  • Achieve a slightly higher investment return.
  • Reduce your monthly expenses.

Use this to understand which financial "levers" have the biggest impact on your personal timeline.

We hope this tool empowers and motivates you on your journey to financial independence. Play with the numbers, explore different scenarios, and build your plan for the future!

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