Retirement Calculator
Watching your retirement age decrease as you increase your savings illustrates the power of your savings rate and the real possibility of early retirement. We recommend you come back to this tool often to check your assumptions or just for encouragement.
Now that you’ve calculated your time horizon to financial independence, we strongly encourage you to start tracking your money. We believe that CoPilot is the most comprehensive budgeting tool you can find online to manage your finances and track towards your FI date. It's the budget app that Taylor and I use daily, and we love it.
Use the code "FIRE2M" to start your free trial today!
We love the features copilot offers:
- 💳 Automatically tracks your subscriptions and bills
- 📊 Aggregates all your investments in one place, to help you compare performance over time
- 📈 Shows you an end-of-month summary of your spending and how your net worth changed
- 🚨 Notifies you when you get paid and alerts you to unusual spending or trends
- 🤖 Unlimited connection support for tens of thousands of financial institutions, with additional custom integrations for favorite products like Venmo, Amazon, and Apple Card
- 🏡 Tracks your home equity by combining real estate valuations with mortgage balances
- 🤝 In-app chat support (with real humans) ready to help support your Copilot experience
Get your copy of the
book
A perfect follow up on the film to dive deeper into the philosophies and "how-tos of the FIRE movement"
watch playing with fire
A documentary about the FIRE movement and one family's quest to achieve financial independence and retire early. Available on the following:
Reading material
We have assembled the foundational information to get your start on the right foot down the FIRE path to financial independence.
The Role of Frugality in FIRE
Dive into the transformative world of financial independence with a refreshing take on frugality versus being cheap. Embrace the art of living well without living beyond your means, and find out how being frugal, not cheap, can unlock the door to your financial liberation.
Understanding the 4% Rule
Retirement withdrawal strategies are anything but one-size-fits-all. For many FIRE fans, determining how much to withdraw each year requires a balance between ensuring your savings last and meeting your current financial needs.
The Importance of Savings Rate in FIRE
Explore the essential role of savings rate in the FIRE movement for achieving financial independence and early retirement. Learn how to balance frugality, investment strategies, and lifestyle to accelerate your journey towards financial freedom.
