The Finance MonkThe Finance Monk

Wealth

FIRE calculator

FIRE — financial independence, retire early — means having enough invested that withdrawals cover your spending. Find your target number and how many years of investing it takes to get there.

Your FIRE number

$1,250,000

4% of it covers spending

Years to FIRE

19.1 yrs

Progress

6%

Of your FIRE number

Target (FIRE number)$1,250,000
Invested today$80,000
Time to independence19.1 years

The engine behind FIRE is investing

A high savings rate only compounds if it's invested. Low-cost index investing via a brokerage or robo-advisor is the standard FIRE toolkit.

The 4% rule is a guideline drawn from historical data, not a guarantee; sequence-of-returns risk and taxes matter in practice. Not investment advice.