Financial Independence, Retire Early
What is Standard FIRE?
FIRE stands for Financial Independence, Retire Early. Standard FIRE aims for investments that can support your planned spending without relying on employment income. Your target starts with the lifestyle you want to fund.
How the target is calculated
Annual expenses ÷ withdrawal rate = FIRE target
An illustrative example
At $40,000 in annual expenses and an illustrative 4% withdrawal rate, the target is $40,000 ÷ 0.04 = $1,000,000.
Explore Standard FIRE with your numbers
Enter your annual expenses, investing amount, and starting balance. The calculator estimates when your investments reach the target using your return and inflation assumptions.
Open the Standard FIRE calculatorWhat to keep in mind
A target is a planning estimate, not proof that a retirement plan will last. Retirement length, taxes, fees, and changing spending can affect the amount needed.
These calculations are educational estimates. They use steady returns, not historical simulations, and do not model retirement withdrawals year by year. A 4% withdrawal rate is an illustrative assumption, not a guaranteed outcome.