वित्तीय स्वतंत्रता / जल्दी सेवानिवृति (फाइनेंशियल फ्रीडम)

Learn more about your FIRE Score

Why use this calculator:

People are always wondering when they will be able to achieve financial independence so that they can retire early and live peacefully. Calculating this becomes difficult if proper help is not provided. This Financial Independence/ Retire Early calculator on other hand makes calculations simple by taking various inputs and finally giving the output that is needed.

How to use this Calculator

• One needs to put in their current age as well as their take home income and annual salary. Take home pay is different from annual salary. Take home pay is the money left from annual salary after tax deductions, benefits and voluntary contributions. Add in your present as well approximate after retirement spending along with your current net worth. Add the age where you want the graph to end.


• After these initial inputs put up the percentage of your savings you have allocated to various investments. These include fixed payment investments such as bonds or equities (stocks). There are options for other kind of asset allocation as well.


• Inflation plays an important factor. Even a slight change in inflation rate can increase or decrease the purchasing power of money exponentially. Add in the present inflation rate along with the safe withdrawal rate which is the percentage of earnings you plan to withdraw each year.


• The company you work in also puts in money from your annual salary to a provident fund account. Put in the company EPF rate as well.


• Approximate the rate at which you expect your earnings to grow and add that value. Finally, you will receive the outputs which include the age at which you will be able to retire and the amount you will have by then as your savings. It will also give the number of years the savings will last.