Calculator
FIRE Calculator
FIRE stands for Financial Independence, Retire Early: having enough invested that it can pay your expenses for good. Enter your age, savings, monthly investment and expenses to see your FIRE number and when you could reach it.
When could you be financially independent?
FIRE corpus (today’s money)
₹2.25 Cr
FIRE progress
22% achieved
Estimated FIRE age
46
Your FIRE number is 25× the yearly expenses your investments must cover, about ₹2.25 Cr in today’s money. You have ₹50 L, a gap of ₹1.75 Cr. Investing ₹50,000 a month, you could reach it in 15.8 years, when it will have grown with inflation to about ₹5.66 Cr.
Age
Year-by-year table
| Age | Invested | Portfolio | FIRE corpus needed |
|---|
FIRE corpus = yearly expenses not covered by other income ÷ safe withdrawal rate. The target rises with inflation each year.
The figures presented are strictly for illustrative purposes, based on user-defined assumptions, and do not constitute a forecast or guarantee of future returns. All projections and calculations are powered by our proprietary, in-house Gammasphere Analytics software. Mutual fund investments are subject to market risks; please read all scheme-related documents carefully before investing.
The method
How it works
- 01FIRE number = yearly expenses not covered by other income ÷ the safe withdrawal rate. At 4%, that is 25 times those expenses.
- 02The target rises with inflation every year, because your expenses will.
- 03Your savings and monthly investments grow at the assumed return until they reach the target.
Questions
Asked often
What is a safe withdrawal rate?
It is the share of the portfolio you take out each year. The 4% figure comes from US studies; some planners use a lower rate, such as 3–3.5%, to allow for higher inflation in India and a longer retirement.
Does FIRE mean I stop working?
Not necessarily. For many people it means work becomes a choice rather than a need.
What if I have rental or other income?
Enter it as other income. Only the expenses it does not cover need to come from your portfolio, which lowers your FIRE number.
Want to talk it through?
Book a free 30-minute call and we’ll look at what fits your goals, with no obligation.