FIRE Number Calculator
Calculate the nest egg you need for financial independence. Based on your annual spending in retirement and a safe withdrawal rate, see your target, the gap remaining, and how far you have already come.
- Your FIRE number
- $1,000,000
- Gap to FIRE
- $750,000
Progress25%
$250,000 of $1,000,000
The classic 4% rule suggests you can safely withdraw about 4% of your portfolio in the first year of retirement and adjust for inflation thereafter, with a high probability of the money lasting 30+ years. Lower spending or a more conservative rate increases your margin of safety.
Using this number
The target is annual spending divided by withdrawal rate. The gap is what you still need to accumulate. Update the rate or spending to see how lifestyle or sequence-risk tolerance changes the target.