FINANCE · Early retirement · Free FIRE calculator
Early Retirement Calculator: How Much Might You Need Before You Stop Working?
Estimate a financial independence, retire early (FIRE) target and timeline based on the values you enter.
Enter your details to get started
Initial estimate
This result is generated in your browser. Review the calculation method and limitations alongside it.
What is early-retirement planning?
An early-retirement or FIRE calculator estimates a financial independence target based on the FIRE (Financial Independence, Retire Early) approach. This tool estimates a lump-sum target for stopping work before age 60.
What this early-retirement calculator estimates
- FIRE target amount (based on the 4% rule or 25 times annual expenses)
- Estimated years until your target retirement date
- Required savings rate (% of income)
- A comparison of Lean FIRE and Fat FIRE scenarios
Early-retirement calculation method
The estimate refers to the Trinity Study and a 4% safe withdrawal rate to calculate a target amount.
Free early-retirement estimates versus personalized advice
This free tool provides a preliminary FIRE estimate. For a conventional retirement plan, try the retirement planner.
Related tools
Read more
Explore articles that explain the topic and its limitations, while keeping educational information separate from personalized advice.
Frequently asked questions about early retirement
What does FIRE mean?
FIRE stands for Financial Independence, Retire Early. The approach focuses on a high savings rate (50%+) to retire before age 60.
What are the 4% rule and the 25-times rule?
If you have a lump sum worth 25 times your annual expenses, you can withdraw 4% in the first year and continue withdrawals without running out of money.
Does this early-retirement calculator cost anything?
No. You can use the calculator in your browser without creating an account.
What percentage of income should I save to retire early?
FIRE followers often save about 50–70% of their income to reach their goal in 10–15 years.
What is the difference between Lean FIRE and Fat FIRE?
Lean FIRE involves a lower-cost retirement, while Fat FIRE aims to support a more comfortable lifestyle.
What should I do with the result?
Use the monthly savings estimate as a starting point when considering stocks and index funds for long-term growth.