FIRE Calculator
Plan your Financial Independence and Early Retirement
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Understanding FIRE (Financial Independence, Retire Early)
FIRE is a financial movement that emphasizes aggressive saving and investing with the goal of retiring much earlier than traditional retirement age. The core principle is to accumulate assets that generate enough passive income to cover your living expenses, typically targeting 25-30 times your annual expenses.
The FIRE Number
Your FIRE number is the amount of money you need to have invested to live off your portfolio indefinitely based on the 4% safe withdrawal rule.
Frequently Asked Questions
What is FIRE (Financial Independence, Retire Early)?
FIRE is a movement focused on aggressive saving and investing to achieve financial independence well before the traditional retirement age of 60. The goal is to accumulate 25-30 times your annual expenses.
How much do I need for FIRE in India?
The standard FIRE number is 25 times your annual expenses (based on the 4% withdrawal rule). In India, due to 6-7% inflation, many practitioners aim for 30-33 times expenses.