The goal of the freedom calculator is to let you know how close to financial independence (i.e. freedom) you are, measuring your progress in terms of ...TogglenavigationEngagingDataGalleryRandomVisualizationAboutRandomStuffFinancialFreedomCalculatorPostedIn:FinancialIndependenceThegoalofthefreedomcalculatoristoletyouknowhowclosetofinancialindependence(i.e.freedom)youare,measuring yourprogressintermsof freedomdays.  Thekeydeterminantsforretirementaretotalretirementsavingsandannualspending.Freedomdays referstothenumberofdaysthatyourretirementsavingscouldsustainyou(withoutworking)eachyear(indefinitely)atyourcurrentspendinglevel.Onceyoureach365freedomdaysperyear,you’vegotenoughmoneysaveduptoneverhavetoworkagain.Thefreedomdatethen tellsyou thedatethroughwhich yourretirement savingswouldsupportyoueachyear. Forexample,ifyouhave100freedomdaysthenyourspendingcouldbe coveredthroughApril10th,eachyear.Howcloseareyouto365“freedomdays”?GenerateURL**ClickHeretoviewotherfinancial-relatedtoolsanddatavisualizationsfromengaging-data**Thecalculatoralsoshowshowmuchyouwillneedtoacquire(throughsavingsorinvestmentgrowth)toaddoneadditionalfreedomday.Ifyoulikeandusethiscalculator,youmightlikeaslightlymorecomplicatedversionthatletsyoucolorcodemultipleperiods,soyoucantracktheprogressofyourfreedomdays.Update1/4/2018:updatedcodesothatifyou modifytheURL,likeso:https://engaging-data.com/freedom-calculator/?sav=500000&spend=40000&wr=3.3youcansaveandsharespecificinstancesofacalculation.CalendarUpdate:1/22/2018:madeanewversionofthegraph,whichlookslikeacalendartovisualizethenumberofdaysoffreedomyouhaveachieved(andcheckedoff),andhowmanymoreyouhavetogo.Update:4/12/2018:Icombinedthetwoviewsofthefinancialcalculator(calendarviewandthegaugeview).Clickthetabstotogglebetweenthedifferentviews.I’vealsoaddeda“GenerateURL”buttontoautomaticallypopulatetheURLbarwiththeparameterssoyoucancopyandshareyourcalcwithothers.RelatedPostsHowFastAreCaliforniaReservoirsFillingUp?HowMuchWaterisinCaliforniaReservoirs?–Currentand