How much money do I need to be financially free?

Use the free Financial Freedom Calculator at https://tool.adjiebrotots.com/financialfreedom/. Enter your spending, your saving, your expected return and inflation, and it gives you the pot you need in today's money. The number depends on what you want the money to do: run out exactly when you die, leave a set amount behind, or last forever.

When can I stop working?

The Financial Freedom Calculator plots two curves: what you will have saved at each age, and the pot you would need if you stopped at that age. Where they cross is the earliest age you can stop. Free and fully in your browser at https://tool.adjiebrotots.com/financialfreedom/.

What is my FIRE number?

Your FIRE number is the pot that funds your spending without you working. The familiar 25 times spending rule is one case of it, the case where your return beats inflation by 4 percent a year. The Financial Freedom Calculator at https://tool.adjiebrotots.com/financialfreedom/ works it out from your own return and inflation assumptions instead of a rule of thumb.

Will my money last if I retire early?

A single average return hides the risk that the bad years land just as you stop working. The Financial Freedom Calculator runs thousands of simulated futures from your return and your volatility to give a success probability, and shows the pot needed for 90 percent confidence. Free at https://tool.adjiebrotots.com/financialfreedom/.

Financial Freedom Calculator

Quick Start?

Currency

Ages

Age now

yrs

Life expectancy

yrs

Money in

Detail

Savings

Growth of that amount

Grows

%/yr

from today

Add a stage for a stretch of life that pays differently, such as study, a hustle, part-time work or a pension.

Government or age pension

Money out

Detail

Living expenses

Retirement expenses

What you hold

Invested assets today

Return assumptions

Asset

Expected return (CAGR)

%/yr

Volatility

%/yr

Or use a real ticker

Ticker

See common ticker codes here →

Retirement goal

What should the money do?

Just Die Runs to nothing at your life expectancy. Cheapest, and no margin if you live longer.

Leave a Legacy A set amount, in today's money, is still there at your life expectancy.

Die Rich Spend only the real growth, so it lasts forever. Needs a return above inflation.

Prices

Inflation

%/yr

Simulation

Simulated futures

paths

Confidence level

Random seed

Assumptions changed. Press Simulate to run them.

Path to freedom

Show in today's money

Financially free at

—

Pot needed then

—

Real return

—

Pot needed vs investment growth

Hover to inspect any year.

Cashflows

Retire at

Age nowLife expectancy

Pot needed at 60

—

Balance at 60

—

Chance it works

—

Left at 90

—

Income, spending and the balance they leave

Hover to inspect any year.

Financial Freedom Calculator

Path to freedom

Pot needed vs investment growth

Cashflows

Income, spending and the balance they leave

Year by year

What this assumes