Financial

Free FIRE Number Calculator

Portfolio size needed for financial independence.

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Inputs

$
%
$
$
%

Result

FIRE number

$1,200,000.00

Time to reach it16.4 years
Progress so far12.5%

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Estimates only. Verify with a professional for consequential decisions.

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Short answer

Portfolio size needed for financial independence.

What is the FIRE Number Calculator?

Portfolio size needed for financial independence.

How does the FIRE Number Calculator work?

Enter the inputs above and read the result.

Formula

FIRE number = Annual expenses ÷ Withdrawal rate

Variables

  • WRSafe withdrawal rate, commonly 4%

Explanation

At the safe withdrawal rate, the portfolio can theoretically sustain spending indefinitely.

Examples

Applications

    Advantages

      Limitations

        Common mistakes

          Tips

            Related concepts

            The FIRE Number Calculator sits inside the Finance Calculators hub, in the investing & retirement cluster. Growing capital and planning for withdrawal. Understanding the terms below makes the output easier to interpret and easier to compare against neighbouring measures.

            compound growthasset allocationwithdrawal rateyielddividend reinvestmentrisk-adjusted return

            Practical use cases and industry applications

            Understanding FIRE Number

            Portfolio size needed for financial independence. Within finance calculators, fire number belongs to the investing & retirement cluster, where it shares terminology and assumptions with closely related tools.

            Learning how fire number is calculated

            At the safe withdrawal rate, the portfolio can theoretically sustain spending indefinitely. Working through the variables one at a time — WR — makes the result reproducible by hand and easier to sanity-check.

            Using fire number to make a decision

            Because outputs depend on the assumptions you enter, run more than one scenario before committing to a figure.

            How fire number compares with related measures

            compound growth, asset allocation, withdrawal rate, yield all describe adjacent aspects of investing & retirement. Comparing this calculator's output against those measures — using the related tools listed on this page — prevents a single metric from being read in isolation.

            Frequently asked questions

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