Financial Independence Calculator

Your path to financial independence (FI) starts here.

This calculator helps you determine exactly how much you need to invest each month to reach financial independence - the point where your investments can sustainably cover your living expenses.

Starting point for your timeline
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Your current age serves as the foundation for your financial independence journey. This is used to calculate the compound growth period and determine how long you have to reach your freedom goals.
When you want to achieve independence
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The age at which you aim to achieve financial independence. This determines your investment horizon and affects how aggressively you need to save and invest to reach your freedom goals.
Expected monthly living costs
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Your anticipated monthly expenses during financial independence. Include all living costs, healthcare, leisure, and discretionary spending. Use today's value. The tool will account for inflation.
Total value of your investment portfolio
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The current total value of your investment portfolio, including retirement accounts, stocks, bonds, and other investments. This serves as your starting point and will grow through contributions and returns.
Expected annual investment return
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Your expected annual investment return. The S&P 500 has historically returned about 10% annually before inflation. Consider using a more conservative rate for planning purposes.
Expected annual increase in cost of living
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The expected annual rate of inflation affecting your future purchasing power. The historical average is around 3.3% in the United States (1914 - 2024). Used to adjust future expenses.
Annual portfolio withdrawal percentage
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The percentage of your portfolio you plan to withdraw annually. The traditional '4% rule' suggests this rate for a 30-year retirement with high probability of success.
Additional income during freedom years
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Expected monthly income from other sources during financial independence, such as rental income, part-time work, Social Security, or pensions. Reduces the amount needed from investments.