The purpose of the Financial Independence Retire Early Calculator is to help you crunch the numbers that will be necessary for you to achieve FIRE status. It ...Home»Calculators»FIRECalculator–FindOutWhenYou’llBeAbleToRetireEarlyAdvertiserDisclosureThisarticle/postcontainsreferencestoproductsorservicesfromoneormoreofouradvertisersorpartners.Wemayreceivecompensationwhenyouclickonlinkstothoseproductsorservices.#CalculatorsFIRECalculator-FindOutWhenYou'llBeAbleToRetireEarlyWrittenbyKevinMercadante|Modifieddate:Aug.13,2021EveryonewantstoachieveFIRE–FinancialIndependence,RetireEarly.Butdoyouknowhowmuchmoneyyou’llneedtoachieveFIRE?Ifnot,thisFIRECalculatorwillhelpyoufigurethatout.Ifyouwanttoretireearly,youhavetwochoices:StartsettingmoneyasideasearlyaspossibleorStartlaterandsavemoreOurFIREcalculatorwillshowyouexactlyhowmuchyou’llneedtosavetoreachyourearlyretirementgoals.Youcantweaktheratestoseehowmuchextrayou’llmakethroughearninghighinterestonyourinvestments.Crunchthenumbersbelowtoseewhatyouneedtodotoretireearly.What’sAhead:TheMoneyUnder30FIRECalculatorHowtheFIRECalculatorworksWhatisthe FIREmovement HowtoreachFIREInvestingplatformstohelpyoureachFIRE SummaryTheMoneyUnder30FIRECalculatorPaymentoptionsHowtheFIRECalculatorworksThepurposeoftheFinancialIndependenceRetireEarlyCalculator istohelpyoucrunchthenumbersthatwillbenecessaryforyoutoachieveFIREstatus.Itcanhelpyoutocreatespecificmonetarygoals,andtoknowwhatstepsyouneedtotakenowtoreachthosegoals.TousetheFIRECalculatoryou’llneedtoprovidethefollowinginformation:Yourcurrentage.After-taxannualincome.Yearlyexpenses/costofliving.Currentinvestmentportfolioamount.Yearlycontributionstowardyourinvestmentportfolio.Yourexpectedrateofreturnonyourinvestments–Youcanusetheslidertoadjustthepercentage.Yourcurrentsavingsaccountbalance(fromallaccounts.)Thepercentageofincomeyoucontributetoyourretirementsavings.Yoursavingsrateofreturn.Yourestimatedretirementexpensesonanannualbasis,includingincometaxes.Onceyou’veprovidedtheaboveinformation,youcanhit