FIRE Number Calculator
This free FIRE number calculator helps you estimate how much you need to retire ASAP and still cover your expenses.
Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.
FIRE stands for "Financial Independence, Retire Early." It's a financial movement that prioritizes intense budgeting, saving and investing to reach retirement age before the typical retirement ages of 65 to 70, allowing people to leave the workforce early and live their lives as they choose to.
» MORE: See our guide to FIRE
FIRE number calculator
The rule of 25 says you need to save 25 times your annual expenses to retire. Use our calculator to estimate your FIRE number if you’re thinking about retiring early.
How to use the FIRE number calculator
To use this calculator, you’ll need:
Your total monthly expenses. This is key to understanding how much you’ll need to have saved.
An idea of your lifestyle needs now and later. This calculator will show you a FIRE number, but remember there are different kinds of FIRE: “lean FIRE” (where you save more than half of your income while living a minimalist lifestyle), “fat FIRE” (where you spend more now but still save a large amount), “barista FIRE (which involves working part-time in a low-stress job during retirement) or “coast FIRE” (which involves saving enough to so that work needs only to cover day-to-day expenses).