FIRE calculator
FIRE number$1,500,00025× annual spending
Financially independent atAge 5721.1 years
Savings rate33%Saving ÷ (saving + spending)
To retire at 50$55,062 a year$4,589 a month from today
$60,000 a year at a 4.0% withdrawal rate needs $1,500,000. Saving $30,000 a year on top of $150,000 at 5.0% real gets there in 21.1 years, around age 57. Retiring at 50 instead takes about $55,062 a year.