FIRE stands for Financial Independence Retire Early. It means having enough savings to cover living expenses without working.

The 4% rule suggests you can withdraw 4% of your portfolio annually in retirement without running out of money.

How do I calculate my FIRE number?

Your FIRE number is 25 times your annual expenses (based on the 4% rule).

FIRE Calculator – Financial Independence Retire Early

About FIRE (Financial Independence Retire Early)

FIRE is a movement focused on achieving financial independence and retiring early. The core principle is to save aggressively, invest wisely, and live below your means to accumulate enough wealth to cover your expenses through passive income.

FIRE Principles

High Savings Rate: Save 50-70% of income
Investment: Grow savings through compounding
Frugal Living: Minimize expenses while building wealth
Passive Income: Generate income without active work

Common FIRE Strategies

Lean FIRE: Minimalist lifestyle, lower expense target
Fat FIRE: Comfortable lifestyle, higher expense target
Barista FIRE: Part-time work with passive income
Coast FIRE: Stop saving but let investments grow

Frequently Asked Questions

What is the 4% rule in FIRE?

The 4% rule suggests you can withdraw 4% of your portfolio annually, adjusted for inflation, with a high probability of your money lasting 30+ years.

How much is my FIRE number?

Your FIRE number is your annual expenses multiplied by 25 (for 4% withdrawal rate). For example, ₹6 lakh annual expenses = ₹1.5 crore FIRE number.

What savings rate do I need for FIRE?

The savings rate depends on your timeline. For FIRE in 10 years, you might need 60-70% savings rate. For 20 years, 40-50% might suffice.

Is FIRE realistic in India?

Yes, FIRE is achievable in India with disciplined saving, smart investing, and lifestyle optimization. Many Indians have successfully achieved FIRE.

Note: This calculator provides estimates for FIRE (Financial Independence Retire Early) planning. Actual retirement corpus needed may vary based on inflation rates, investment returns, lifestyle changes, and unforeseen expenses. Consult a financial planner for personalized retirement planning.

FIRE Calculator