Freedom Number Calculator

Discover your Freedom Number and achieve Financial Independence

Important: Educational Tool Only

Purpose: This tool is designed for educational purposes only to help you explore the question: "Can I retire early?" It should not be considered financial advice.

Privacy: None of the information you enter is saved, stored, or transmitted anywhere. All calculations happen locally in your browser. When you refresh this page, all data is cleared.

Disclaimer: Please consult with a qualified financial advisor before making investment decisions. Results are estimates based on various assumptions about future market performance.

Discover Your Freedom Number

Your Freedom Number is the amount you need to achieve financial independence. This calculator helps you explore different paths using proven FIRE (Financial Independence, Retire Early) strategies. Enter your financial information below and we'll show you multiple approaches to reach your Freedom Number.

Tip: Try adjusting different parameters to see how they affect your timeline. Small changes in savings rate or expected returns can make a big difference!

Basic Information

Current Age

Target Retirement Age

Life Expectancy

Financial Situation

💡 Tip: Don't know your annual expenses? Take your monthly spending and multiply by 12.

Your Annual Expenses determine your FIRE number. See results below for how different FIRE strategies use this number.

Current Savings ($)

Annual Income ($)

Annual Expenses ($)⭐

Monthly spending × 12 = Annual expenses

Savings & Contributions

📊 How it works: These contributions continue until you reach your FIRE number. After retirement, contributions stop and you'll live off your portfolio withdrawals.

Savings Rate (%)

Saving $16,000/year

Employer Match (%)

No employer match

Annual Raise (%)

Investment Parameters

Expected Return (%)

During accumulation phase

Return After Retirement (%)

More conservative in retirement

Inflation Rate (%)

Withdrawal Rate (%)

Advanced Scenarios(Optional)

One-Time Windfall ($)

Windfall Year (Years from now)

Social Security Start Age

Social Security Annual Amount ($)

Important Notes

•4% Rule: Based on the Trinity Study which analyzed safe withdrawal rates over 30-year periods. Historical data suggests this is safe, but past performance doesn't guarantee future results.
•Expected Returns: Historical stock market returns average around 7-10% before inflation. Adjust based on your risk tolerance and asset allocation.
•Inflation: Historical average is around 3%. This calculator accounts for inflation in the Coast FIRE calculation.
•Taxes: This calculator doesn't account for taxes. Consider consulting with a tax professional about tax-advantaged accounts (401k, IRA, Roth IRA, etc.).
•Healthcare: Don't forget to factor in healthcare costs, especially if retiring before Medicare eligibility at age 65.