FIRECalculator.ai

FIRE & retirement calculator

See when you can retire, how much you need, and how long your money will last, tested against real market history. Free, no sign-up, and your numbers stay in your browser.
On trackYou're on trackYour money lasts until age 95 in 87% of market scenarios and in 100% of real market periods since 1871. With steady returns, $1,930,630 would be left in today's money.See the full results

Your plan

Quick start: pick the closest, then adjust
Today
yrs
$
$
Retirement
yrs
yrs
How you'll spend in retirement
$
Other income and one-offs
Income (per month, today's money: pension, part-time work, rent)
One-off amounts (inheritance, house sale, big purchase)
Assumptions
before inflation and fees
%

A global stock fund has averaged around 7% a year before inflation over long periods; bonds less.

%

Results

On track

You're on track

Your money lasts until age 95 in 87% of market scenarios and in 100% of real market periods since 1871. With steady returns, $1,930,630 would be left in today's money.

Savings at 57
$930,529
177% of the $525,488 needed
Monthly spending at retirement
$3,000
then rises with inflation
Market scenarios that last
87%
100% of real periods since 1871
Initial withdrawal rate
3.9%
within the common 3.5–4% guideline
Earliest age you could retire with this spending: 51 (16 years from now)Assumes steady returns. Check the scenarios column in "Your options" before you pick an age.

Your savings over time

In today's money
Savings Money you put in Middle half of market scenarios Income starts or one-off amount

The best quarter of scenarios goes above the top of the chart.

Your options

On track

What would change the outcome. Amounts in today's money.

  • Monthly contribution

    With steady returns you'd still be on track investing $542 a month. The $958 you invest on top is your margin for bad markets.

  • Spending in retirement

    With steady returns you could spend up to $4,782 a month and still last until 95, $1,782 more than you plan.

  • Coast FIRE

    With $212,775 invested today you could stop contributing and growth alone would get you to what you need at 57. On your current plan you get there at age 41.

  • If returns are lower than you expect

    • At 6.0% a year instead of 7.0%, your money still lasts until 95.
    • At 5.0% a year instead of 7.0%, your money still lasts until 95.

  • What fees cost you

    Fees of 0.20% a year leave you $27,619 less on the day you retire.

Compare retirement ages

The same plan if you stop working earlier or later.

Retire atYou could spendScenariosAction
51earliest$3,140/mo54%
54-3 yrs$3,887/mo74%
55-2 yrs$4,167/mo79%
56-1 yr$4,465/mo82%
57your plan$4,782/mo87%
58+1 yr$5,119/mo90%
59+2 yrs$5,479/mo93%
60+3 yrs$5,863/mo94%
62+5 yrs$6,712/mo97%

Today's money. "You could spend" is the monthly amount that lasts exactly until 95 with steady returns, including other income. "Scenarios" is the share of market scenarios in which your plan lasts.

Details

Random market scenarios

87%

of 1,000 scenarios last until age 95. Each one replays your plan with returns that swing from year to year (a typical swing of ±12% around your 6.8% after fees), and inflation that drifts around your 2.5%.

Savings at 57 in poor markets (1 in 10)
$575,755
When it fails, money runs out around
age 81 and 9 months

Real market history

100%

of 93 real periods last until age 95. Each period starts your plan in a different year from 1871 and uses what US stocks and government bonds actually returned after inflation, for a 60% stocks mix, minus your fees.

Worst year to start: 1892, and it still lasts.

A high share means your plan has room for bad years. These are illustrations, not forecasts. Change your investment mix under "More options".

On track · 87% of scenarios

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