Written by Jere SalmistoReviewed by CalcFi EditorialLast verified:

FIRE Roadmap

5 calculators in this journey

Map your path to Financial Independence / Retire Early — from your current net worth to your freedom number.

Step-by-Step Guide

1

Calculate net worth

Calculate your total net worth by adding all assets and subtracting all liabilities.

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2

Find your savings rate

Determine your savings rate as a percentage of income — a critical factor in reaching FIRE.

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3

Calculate your FIRE number

Calculate the amount you need invested to live off 4% annually (the FIRE target).

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4

Project your growth

Project how your investments will grow over time with compound interest.

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5

Plan retirement savings

Plan retirement savings based on your FIRE number and desired retirement date.

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Ready to Start?

Complete all 5 steps of this journey and we'll track your progress. Start with the first calculator and we'll guide you through the rest.

Begin FIRE Roadmap

Frequently Asked Questions

What is the FIRE number?

The FIRE number is how much money you need invested to live off passive income (typically 4% annually). Our calculator determines your target based on desired annual spending.

How do I calculate my net worth?

Net worth = total assets minus total liabilities. Our calculator helps you organize and track all accounts, investments, and debts to get an accurate picture.

What is savings rate and why is it critical to FIRE?

Savings rate is the percentage of income you save. Higher rates dramatically accelerate your path to financial independence. Our calculator shows the impact of different rates.

How long until I can retire?

This depends on your savings rate, investment returns, and target FIRE number. Our projection tool models different scenarios to show your path.

What investment strategy should I use for FIRE?

Most FIRE followers use low-cost index funds with a diversified portfolio. Our tools help you model returns based on different asset allocations.

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