FIRE Calculator for Young Professionals
Calculate how many years until you can retire. Input your income, expenses, and savings rate.
Savings Rate
60.0%
Years to Retirement
12.4
FIRE Number
$500,000
You can retire in 12.4 years with $500,000 in savings, sustaining $20,000 in annual expenses.
Frequently Asked Questions
How is the retirement date calculated?
We use the compound interest formula to calculate how long it takes for your savings to reach your FIRE number (annual expenses ÷ withdrawal rate), assuming consistent contributions and investment returns.
What withdrawal rate should I use?
The 4% rule is the most common, based on historical data suggesting it would sustain a 30-year retirement. Consider 3-3.5% for longer retirements or more conservative planning.
What's a good savings rate?
A 50% savings rate can lead to retirement in about 17 years. Even 20-30% savings rates significantly accelerate retirement compared to traditional timelines.