FIRE Calculator Lean · Regular · Fat · Coast
A worksheet for financial independence

Calculate your FIRE number — the day your capital covers your life.

A precise calculator for the four flavors of FIRE — built on the 4% rule, monthly compounding, inflation-adjusted real returns, and your own portfolio composition.

Adjustable SWR Real return modeling Portfolio-weighted return Coast FIRE engine
Inputs
today's money
yrs
yrs
$
$
weighted: 7.50%
Asset Allocation Return
Total allocation: 100% Inflation: 2.5% → 4.9% real
Reference: trailing CAGR by horizon

Stocks & ETFs

Index / ETF10y20y30y40y
VOOS&P 50012.510.510.011.0
VTITotal US12.010.310.510.8
QQQNasdaq 10017.014.510.512.5
VTTotal World9.58.08.5n/a
VXUSIntl ex-US5.85.56.5n/a
SCHDDividend10.7n/an/an/a

Bonds

Index / ETF10y20y30y40y
BNDUS Aggregate1.53.04.56.5
VGLTLong Treasury-1.03.55.57.5
TIPTIPS2.53.8n/an/a
BNDXIntl Bond2.1n/an/an/a
VTCCorp. Bonds2.24.55.87.0

Cash & equivalents

Vehicle10y20y30yNow
SGOVTreasury bills2.01.82.64.2
VMFXXMoney market2.11.92.74.4
SHY1–3y Treasury1.51.92.54.0
HYSA average1.81.72.44.0

Other / alternatives

Index / ETF10y20y30y40y
VNQUS REITs6.07.09.510.0
VNQIIntl REITs4.5n/an/an/a
GLDGold8.59.06.54.5
DBCCommodities3.00.52.5n/a

Approximate nominal CAGR (%) through 2025–2026. Where an ETF's history is shorter than the period, the underlying index is used as a proxy. Cash "Now" is current annual yield. Past returns are not forecasts — Vanguard's forward 10-year assumptions sit several points below these trailing figures.

%
$
%
Your FIRE timeline
—
Coast FIRE number
—
The portfolio size that, left untouched, compounds to your Regular FIRE target by retirement age.
0% to Coast FIRE
Net worth projection vs FIRE targets
Net worth Lean Regular Fat
Regular FIRE target
—
at 4.0% SWR
Projected at retirement
—
—
FIRE age (Regular)
—
first year crossed
Real return
—
portfolio − inflation
Understanding FIRE

What is a FIRE calculator?

A FIRE calculator estimates how much you need to invest to reach Financial Independence, Retire Early (FIRE) — the point where the safe withdrawal from your portfolio fully covers your living expenses. This tool projects your net worth with monthly compounding and inflation-adjusted real returns, then compares it against your personal FIRE number.

Your FIRE number is your annual expenses divided by a safe withdrawal rate. The 4% rule is the common baseline, which puts the target at roughly 25× your yearly spending — lower the rate for a safer, larger target, or raise it to reach independence sooner.

The calculator models four distinct paths to financial independence:

  • Lean FIRE — a minimalist retirement on about 75% of today's expenses, reached years earlier.
  • Regular FIRE — the standard target, a portfolio that covers your full current lifestyle.
  • Fat FIRE — a comfortable retirement on roughly 150% of expenses, with no lifestyle compromise.
  • Coast FIRE — the moment your invested capital will compound to your goal with no further contributions.
From The Wealth Ladder · Nick Maggiulli, 2024

Six rungs of freedom from friction.

Each level of net worth removes a specific category of money anxiety from your daily life. Knowing your rung clarifies what to optimize for next.

Your invested capital —
Projected at retirement —
    From Die With Zero · Bill Perkins, 2020

    Optimize for memories, not heirs.

    Most retirees die with more money than they began retirement with. Perkins argues the goal isn't to maximize net worth at death — it's to convert capital into experiences while you're still able to enjoy them. Below: your humpback curve, sustainable spend, and memory-dividend buckets by decade.

    Decumulation inputs
    yrs
    $

    The calculator below treats your portfolio at retirement as an annuity that pays out evenly in real terms until your planning endpoint, with the bequest left intact.

    Portfolio at retirement
    —
    today's money
    Sustainable spend
    —
    per year, real
    vs. your stated expenses
    —
    —
    Years of decumulation
    —
    —
    The humpback curve accumulation → decumulation
    Net worth (real) Die-zero path Stated-expense path

    Memory dividend buckets

    From The Little Book of Common Sense Investing · John C. Bogle, 2007

    The 1% that quietly eats a third of your retirement.

    Bogle called it "the tyranny of compounding costs." A fund's expense ratio looks trivial — a fraction of a percent — but charged every year on your entire balance, it compounds against you exactly the way returns compound for you. Drag the fee and watch the gap open.

    Fee input
    %

    Typical expense ratios: index ETFs 0.03–0.10%, active mutual funds 0.50–1.00%, and advisor "assets under management" fees 1.00%+ layered on top. This tab uses your Calculator inputs for age, capital, contribution, and portfolio return.

    Ending value · no fees
    —
    today's money, at retirement
    Ending value · after fees
    —
    —
    Total lost to fees
    —
    direct fees + lost compounding
    Share of wealth lost
    —
    —
    Fee drag over timegross vs net of fees
    No fees After fees
    From Just Keep Buying · Nick Maggiulli, 2022

    The most expensive years are the ones you skip.

    Compounding rewards time far more than timing. Every year you delay starting is a year stripped off the front of the curve — where the runway for growth is longest. See what waiting costs, and what it would take to catch up.

    Delay input
    yrs

    During the delay your existing capital sits parked — no growth, no contributions. When you finally start, the same plan runs, but with fewer years of compounding. This tab uses your Calculator inputs.

    Start now → ending value
    —
    today's money, at retirement
    Wait → ending value
    —
    —
    Cost of waiting
    —
    —
    Catch-up contribution
    —
    —
    The cost of a late startstart now vs delayed
    Start now Delayed start
    Field guide

    Everything that matters, on one page.

    The four archetypes

    Lean FIRE
    ~75%
    Frugal retirement on 75% of today's expenses. $500K–$1M typical.
    Regular FIRE
    25×
    The standard target — annual expenses × 25 at a 4% withdrawal rate.
    Fat FIRE
    ~150%
    Lifestyle fully intact. $2.5M+ common; for high earners.
    Coast FIRE
    $0 more
    Stop contributing — compounding alone finishes the job by retirement.

    The mechanics

    • FIRE numberAnnual expenses ÷ SWR
    • 25× ruleAnnual expenses × 25 (at a 4% SWR)
    • Real return(1 + nominal) ÷ (1 + inflation) − 1
    • Monthly compounding(1 + annual)^(1/12) − 1 per month
    • Coast FIREFIRE number ÷ (1 + real)^years
    • Sustainable spendPV × r ÷ (1 − (1 + r)⁻ⁿ)

    Savings rate vs. time to FIRE

    Savings rateYears to FIREContext
    10%~51 yrsA full career — standard advice.
    25%~32 yrsDisciplined; realistic for many.
    50%~17 yrsThe classic Mr. Money Mustache zone.
    75%~7 yrsLean FIRE territory — rare but possible.

    Assumes a 5% real return; savings rate is the dominant lever in the first decade.

    Two ideas worth borrowing

    • Wealth LadderSix net-worth tiers, each removing a category of money friction. See the Wealth Ladder tab.
    • Die With ZeroConvert capital into experiences while you can use them, rather than dying overfunded. See the Die With Zero tab.

    Further reading

    • The Simple Path to Wealth JL CollinsIndex-fund simplicity
    • The Wealth Ladder Nick MaggiulliSix rungs of net-worth freedom
    • Die With Zero Bill PerkinsOptimize for memory, not heirs
    • Your Money or Your Life Vicki RobinTrading life energy for money
    • The Psychology of Money Morgan HouselBehavioral foundations
    • Trinity Study Cooley, Hubbard & Walz · 1998Origin of the 4% rule