YOUR NEXT CHAPTER
When Can I Retire? FIRE Calculator
Estimate when your investments could cover your spending. Try your numbers, compare savings rates, and follow your path year by year.
Start with your numbers. These are illustrative starting values. Enter your invested savings, future spending, and monthly contribution to build your own plan.
THE LONG VIEW
See the possibility.
All amounts are in today’s dollars. Assumes constant returns after inflation, monthly compounding, and end-of-month contributions that maintain their purchasing power. Excludes taxes, fees, and market volatility. This is a planning illustration, not a forecast or guarantee.
MAKE IT YOURS
The plan behind the number.
Values on this page are temporary and won’t transfer through sign-in. No account data is used.
A LITTLE WORLD PERSPECTIVE
Household savings around the world
Saving more can bring retirement closer in two ways: you invest more and need less to support your lifestyle. Explore a country’s savings rate or choose your own.
2024 household net saving · % of disposable income
19y
Estimated time to this scenario’s target
- Monthly investment
- $2,000
- Annual spending
- $40,000
- Portfolio target
- $1,000,000
Holds an implied after-tax income of $64,000 a year fixed: your annual contributions plus retirement spending. Assumes spending today and in retirement is the same and all savings are invested. Applying changes both spending and contributions in your draft.
Selected countries, 2024 historical data. Net saving deducts depreciation; these national aggregates generally include households and nonprofit institutions serving them. Pension and accounting differences mean they are context, not personal targets or predicted retirement dates for those countries. Your implied rate uses the simplified budget above, not the OECD accounting definition. Source: OECD Economic Outlook 118, December 2025 · Annex Table 28.
YOUR PATH, YEAR BY YEAR
End-of-year portfolio breakdown
Follow your contributions, investment growth, and the spending your portfolio could support at your chosen withdrawal rate. All amounts are in today’s dollars.
The target is first reached in 19y. The final row continues contributions and growth through the end of that year. Year 1 means the next 12 months. No retirement withdrawals are deducted.
| End of year | Starting portfolio | Contributions | Growth / loss | Ending portfolio | Annual withdrawal budget | Spending covered |
|---|---|---|---|---|---|---|
| 1 | $100,000 | $24,000 | $5,545 | $129,545 | $5,182 | 13.0% |
| 2 | $129,545 | $24,000 | $7,022 | $160,568 | $6,423 | 16.1% |
| 3 | $160,568 | $24,000 | $8,574 | $193,141 | $7,726 | 19.3% |
| 4 | $193,141 | $24,000 | $10,202 | $227,343 | $9,094 | 22.7% |
| 5 | $227,343 | $24,000 | $11,912 | $263,256 | $10,530 | 26.3% |
| 6 | $263,256 | $24,000 | $13,708 | $300,964 | $12,039 | 30.1% |
| 7 | $300,964 | $24,000 | $15,593 | $340,557 | $13,622 | 34.1% |
| 8 | $340,557 | $24,000 | $17,573 | $382,130 | $15,285 | 38.2% |
| 9 | $382,130 | $24,000 | $19,652 | $425,782 | $17,031 | 42.6% |
| 10 | $425,782 | $24,000 | $21,834 | $471,616 | $18,865 | 47.2% |
| 11 | $471,616 | $24,000 | $24,126 | $519,742 | $20,790 | 52.0% |
| 12 | $519,742 | $24,000 | $26,532 | $570,274 | $22,811 | 57.0% |
| 13 | $570,274 | $24,000 | $29,059 | $623,333 | $24,933 | 62.3% |
| 14 | $623,333 | $24,000 | $31,712 | $679,045 | $27,162 | 67.9% |
| 15 | $679,045 | $24,000 | $34,497 | $737,542 | $29,502 | 73.8% |
| 16 | $737,542 | $24,000 | $37,422 | $798,964 | $31,959 | 79.9% |
| 17 | $798,964 | $24,000 | $40,493 | $863,458 | $34,538 | 86.3% |
| 18 | $863,458 | $24,000 | $43,718 | $931,176 | $37,247 | 93.1% |
| 19 · Target reached | $931,176 | $24,000 | $47,104 | $1,002,280 | $40,091 | 100.2% |
PLAN FOR UNCERTAINTY
Will your money go the distance?
Test your current draft through changing markets. Contributions stop at retirement; spending then comes from your portfolio.
Shading: 10th–90th percentiles · line: median · dashed line: retirement. Percentile lines are not individual paths.
Model assumptions & yearly results
Independent lognormal annual returns, calibrated to your real annual return and volatility. Contributions arrive at year-end; retirement spending is withdrawn at year-start in today’s dollars. The target measures readiness, not an automatic retirement trigger. Fixed random seed permits consistent comparisons. Excludes taxes, fees, pensions, changing spending and extreme events beyond this model. Model probabilities are illustrations, not guarantees.
| Year | 10th percentile | Median | 90th percentile |
|---|---|---|---|
| 0 | $100,000 | $100,000 | $100,000 |
| 1 | $109,995 | $127,519 | $148,234 |
| 2 | $128,162 | $155,471 | $194,359 |
| 3 | $149,024 | $187,683 | $238,608 |
| 4 | $167,725 | $217,727 | $287,896 |
| 5 | $188,131 | $252,985 | $338,939 |
| 6 | $210,761 | $287,078 | $400,289 |
| 7 | $231,664 | $322,210 | $461,716 |
| 8 | $253,543 | $360,000 | $522,723 |
| 9 | $272,092 | $394,065 | $595,898 |
| 10 | $297,985 | $434,321 | $673,627 |
| 11 | $324,271 | $478,433 | $738,809 |
| 12 | $343,504 | $519,028 | $824,524 |
| 13 | $370,417 | $562,654 | $904,501 |
| 14 | $393,944 | $616,483 | $994,042 |
| 15 | $417,887 | $661,099 | $1,117,435 |
| 16 | $453,079 | $720,556 | $1,206,890 |
| 17 | $476,919 | $775,272 | $1,310,060 |
| 18 | $511,503 | $822,119 | $1,427,344 |
| 19 | $538,665 | $895,209 | $1,533,267 |
| 20 | $554,128 | $963,486 | $1,676,692 |
| 21 | $520,056 | $948,156 | $1,733,754 |
| 22 | $497,494 | $944,449 | $1,801,313 |
| 23 | $451,902 | $936,695 | $1,860,251 |
| 24 | $413,321 | $929,804 | $1,920,945 |
| 25 | $386,156 | $925,701 | $1,964,311 |
| 26 | $354,428 | $904,127 | $2,057,733 |
| 27 | $325,080 | $901,146 | $2,153,056 |
| 28 | $285,364 | $888,561 | $2,225,815 |
| 29 | $253,797 | $866,360 | $2,311,133 |
| 30 | $214,226 | $871,319 | $2,375,406 |
| 31 | $182,796 | $860,548 | $2,486,598 |
| 32 | $143,687 | $855,326 | $2,585,252 |
| 33 | $112,458 | $854,081 | $2,660,262 |
| 34 | $68,867 | $835,631 | $2,830,840 |
| 35 | $30,254 | $812,997 | $2,917,748 |
| 36 | $0 | $800,150 | $3,095,578 |
| 37 | $0 | $783,919 | $3,190,458 |
| 38 | $0 | $775,287 | $3,483,073 |
| 39 | $0 | $766,080 | $3,526,435 |
| 40 | $0 | $744,399 | $3,665,919 |
| 41 | $0 | $720,937 | $3,883,130 |
| 42 | $0 | $713,546 | $4,007,814 |
| 43 | $0 | $707,966 | $4,156,492 |
| 44 | $0 | $706,587 | $4,397,869 |
| 45 | $0 | $679,665 | $4,613,899 |
| 46 | $0 | $654,991 | $4,721,543 |
| 47 | $0 | $637,286 | $4,924,836 |
| 48 | $0 | $622,524 | $5,017,366 |
| 49 | $0 | $577,501 | $5,284,964 |
| 50 | $0 | $566,156 | $5,605,168 |
| 51 | $0 | $542,397 | $5,700,471 |
| 52 | $0 | $517,260 | $5,941,483 |
| 53 | $0 | $490,872 | $6,119,206 |
| 54 | $0 | $456,588 | $6,592,095 |
| 55 | $0 | $449,050 | $6,477,355 |
| 56 | $0 | $420,319 | $6,801,060 |
| 57 | $0 | $389,277 | $7,370,655 |
| 58 | $0 | $348,850 | $7,630,281 |
| 59 | $0 | $321,993 | $7,720,575 |
| 60 | $0 | $306,282 | $8,105,688 |
UNDERSTAND THE CHANGE
What moves your timeline?
Change an assumption or try a what-if to see what makes a difference.
Your next move starts with a possibility.
Try adding $500 to your monthly contribution.
A FEW POSSIBLE FUTURES
Session comparisons
Keep a draft to revisit without replacing your main plan. Loading one doesn’t change your investments.
A little planning between reps.
No comparisons yet. Try a what-if, give it a name, and keep it here.
How this FIRE estimate works
- Divide annual retirement spending by the withdrawal rate to estimate the target portfolio.
- Grow invested savings monthly using the real annual return you choose.
- Add the monthly contribution at the end of each month in today’s dollars.
- Report the first month the projected portfolio reaches the target, up to 50 years.
Worked example
At $40,000 of annual spending and a 4% withdrawal rate, the target is $1,000,000. Starting with $100,000 and investing $2,000 monthly at a constant 5% real return reaches that illustrative target in about 19 years.
Assumptions and boundaries
- Returns are constant, after inflation, and compounded monthly.
- Contributions maintain their purchasing power and arrive at month end.
- The withdrawal rate is an assumption, not a promise of portfolio survival.
Important limitation: This simplified projection excludes taxes, fees, changing income, sequence-of-returns risk, and individual account rules. Test lower returns and higher spending before using it as a planning range.
Sources and review
Methodology and links reviewed . This educational estimate is not financial, tax, legal, investment, or lending advice.
Frequently asked questions
- When can I retire?
- In this calculator, you reach financial independence when your invested portfolio can support your annual spending at your chosen withdrawal rate. Divide annual spending by the withdrawal rate to find the target, then estimate how long your savings and monthly investments take to reach it. The result is an illustration, not a guaranteed retirement date.
- How does my savings rate affect early retirement?
- At the same after-tax income, saving a larger share both increases your investments and reduces your spending target if you keep that lifestyle in retirement. The country comparison uses this simplified assumption; national household savings rates are context, not personal recommendations.
- What does the end-of-year table show?
- Each row covers 12 months from today and shows starting investments, contributions, growth or loss, ending investments, and the annual withdrawal budget at your chosen rate. Spending covered is that budget divided by annual spending. The final row completes the year the target is reached, assuming contributions continue; it does not simulate retirement withdrawals.
- What is a FIRE number?
- It is the invested portfolio target implied by annual spending divided by an assumed withdrawal rate.
- Why use a real return?
- A real return is after inflation, so the projection and spending target remain in today’s purchasing power.
- Is a 4% withdrawal rate guaranteed?
- No. It is a planning assumption. Taxes, fees, time horizon, asset mix, and market sequence can materially change outcomes.