FIRE Calculator

Estimate a financial-independence target from spending and a withdrawal assumption. Enter your own values below to see FIRE target portfolio and check the method behind it.

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Your inputs

Change the example values to match your situation.

Your result

Let’s work it out.

Fill in your inputs and select Calculate.
Your result and breakdown will appear here.

How this calculator works

FIRE target = annual retirement spending ÷ assumed withdrawal rate.

Before you use the result

  • A planning ratio, not a guaranteed sustainable withdrawal strategy. Inflation, taxes, sequence risk and retirement duration matter.

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What is FIRE Calculator?

FIRE Calculator helps you estimate a financial-independence target from spending and a withdrawal assumption.

The main result is FIRE target portfolio, with a breakdown of remaining gap and progress. The formula, example and assumptions below explain how to interpret it.

How to use FIRE Calculator

Use the example to get familiar with the form, then enter your own figures. Any rates in the example are illustrative. Check the field labels and units before calculating.

  1. Gather annual spending at retirement (₹), assumed annual withdrawal rate (%) and current invested portfolio (₹). Use values from the same situation or reporting period.
  2. Replace the example annual spending at retirement with your own value, then complete the other fields. Check the displayed units.
  3. Select Calculate and read FIRE target portfolio with its result breakdown. Change one input and calculate again to compare a second scenario. Reset restores the original example.
  • Enter annual spending at retirement in ₹, at least 0. Decimals are accepted.
  • Enter assumed annual withdrawal rate in %, at least 0.01 and at most 100. Decimals are accepted.
  • Enter current invested portfolio in ₹, at least 0. Decimals are accepted.

FIRE Calculator: a worked example

With the inputs below, the result is ₹1,50,00,000 (FIRE target portfolio). Follow the example, then replace these illustrative values with your own.

Example inputs and output
Input or outputExample value
Annual spending at retirement (₹)₹6,00,000
Assumed annual withdrawal rate (%)4 %
Current invested portfolio (₹)₹30,00,000
FIRE target portfolio₹1,50,00,000
Remaining gap₹1,20,00,000
Progress20 %

Understanding the FIRE result

Read FIRE target portfolio alongside remaining gap and progress. These describe different parts of the same calculation.

Displayed results use a readable number of decimal places. When checking a result by hand, keep extra precision until the last step. To compare scenarios, change one input at a time and keep the others fixed.

  • Example Remaining gap: ₹1,20,00,000
  • Example Progress: 20 %

FIRE Calculator: assumptions and common mistakes

A useful estimate starts with the right inputs. Check the following assumptions and limits before applying the result to your situation.

  • A planning ratio, not a guaranteed sustainable withdrawal strategy. Inflation, taxes, sequence risk and retirement duration matter.
  • A projected return is an assumption. Check whether fees, tax and inflation are included before comparing products.

For wider guidance, visit SEBI Investor Education. The formula and scope of this specific tool are stated on this page.

FIRE Calculator FAQs

What does FIRE Calculator calculate?

FIRE Calculator helps you estimate a financial-independence target from spending and a withdrawal assumption. Its main output is FIRE target portfolio in ₹.

What inputs do I need for FIRE Calculator?

You need annual spending at retirement (₹), assumed annual withdrawal rate (%) and current invested portfolio (₹). Use the field labels and units to match your figures to the formula.

Which formula does FIRE Calculator use?

FIRE target = annual retirement spending ÷ assumed withdrawal rate.

What is a worked example for FIRE Calculator?

Example inputs: Annual spending at retirement: ₹6,00,000; Assumed annual withdrawal rate: 4 %; Current invested portfolio: ₹30,00,000. The result is ₹1,50,00,000 (FIRE target portfolio).

How should I enter annual spending at retirement?

Enter annual spending at retirement in ₹, at least 0. Decimals are accepted.

How do I choose assumed annual withdrawal rate?

Enter assumed annual withdrawal rate in %, at least 0.01 and at most 100. Decimals are accepted. The example uses 4 %; replace it if your circumstances differ.

How should I read FIRE target portfolio?

Read FIRE target portfolio alongside remaining gap and progress. These describe different parts of the same calculation.

Why might my FIRE Calculator result differ from my records?

A planning ratio, not a guaranteed sustainable withdrawal strategy. Inflation, taxes, sequence risk and retirement duration matter. Differences in entered values, units or rounding can also change the comparison.

Can I compare two scenarios in FIRE Calculator?

Yes. Note your first FIRE target portfolio, change annual spending at retirement or another input, and select Calculate again. Editing a field clears the old result so it is not mistaken for a new calculation.

Is FIRE Calculator free, and where are my inputs calculated?

This calculator is free to use without signing in. Its formula runs in your browser; calculator inputs are not sent to a calculation API. The inputs reset to the example values when you reset the form or start a fresh page.