Financial independence target by expenses and withdrawal rate

FIRE target with $2K monthly expenses

With $2K in monthly expenses and a 4% withdrawal rate, the target is $600,000 and the estimated timeline is 19 years 8 months.

Key results

Expenses and contributions are assumed to stay constant in today's purchasing power.

Target assets: $600,000
Estimated timeline: 19 years 8 months
Current progress: 16.67%

FIRE assumptions

Current assets: $100,000
Monthly contribution: $1,000
Monthly expenses: $2,000
Expected return: 7%
Inflation: 2.5%
Withdrawal rate: 4%

Change the FIRE assumptions

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Calculator inputs

Results update instantly in today's purchasing power.

Current assets

Monthly contribution

Monthly expenses

Expected annual return

Enter an average annual return before taxes and fees.

Expected annual inflation

Used to express growth in today's purchasing power.

Target withdrawal rate

The percentage of target assets withdrawn each year in retirement.

Results

Assumes your inputs remain constant and contributions rise with inflation.

Estimate

Target assets$600K$600,000

Estimated time to target19 years 8 months

Current progress17%

Monthly withdrawal supported today: $333
Remaining asset gap: $500,000
Inflation-adjusted return: 4.39%

Target assets equal annual expenses divided by the withdrawal rate. Taxes, fees, and return volatility are not included.

Yearly progress to target

Compare projected assets, contributions, and the target in today's dollars.

Projected assetsTarget assetsTotal contributions

Hover over or touch the chart. With a keyboard, use the left and right arrow keys to move between points.

Yearly breakdown

Review the chart values as exact amounts and progress percentages.

Time	Projected assets	Total contributions	Target assets	Progress
Today	$100,000	$100,000	$600,000	17%
1 years	$116,630	$112,000	$600,000	19%
2 years	$133,990	$124,000	$600,000	22%
3 years	$152,112	$136,000	$600,000	25%
4 years	$171,029	$148,000	$600,000	29%
5 years	$190,778	$160,000	$600,000	32%
6 years	$211,393	$172,000	$600,000	35%
7 years	$232,913	$184,000	$600,000	39%
8 years	$255,378	$196,000	$600,000	43%
9 years	$278,830	$208,000	$600,000	46%
10 years	$303,310	$220,000	$600,000	51%
11 years	$328,866	$232,000	$600,000	55%
12 years	$355,544	$244,000	$600,000	59%
13 years	$383,392	$256,000	$600,000	64%
14 years	$412,464	$268,000	$600,000	69%
15 years	$442,812	$280,000	$600,000	74%
16 years	$474,492	$292,000	$600,000	79%
17 years	$507,563	$304,000	$600,000	85%
18 years	$542,086	$316,000	$600,000	90%
19 years	$578,124	$328,000	$600,000	96%
19 years 8 months	$603,024	$336,000	$600,000	101%

Calculator inputs

Preparing the calculator with default assumptions.

100,000

1,000

2,000

2.5

Results

Assumes your inputs remain constant and contributions rise with inflation.

Estimate

Target assets$600K$600,000

Estimated time to target19 years 8 months

Current progress17%

Monthly withdrawal supported today: $333
Remaining asset gap: $500,000
Inflation-adjusted return: 4.39%

Target assets equal annual expenses divided by the withdrawal rate. Taxes, fees, and return volatility are not included.

FIRE calculation questions

How are target assets calculated?

Annual expenses are divided by the target withdrawal rate. With $2,500 in monthly expenses and a 4% withdrawal rate, the target is $750,000.

Why is the timeline shown in today's dollars?

Inflation can increase both future expenses and asset values. Removing inflation from the expected return lets the calculator compare your target and progress using consistent purchasing power.

What does it mean for contributions to rise with inflation?

The monthly contribution is treated as a constant amount in today's purchasing power. In practice, the nominal amount would need to increase with inflation to preserve that purchasing power.

Is a 4% withdrawal rate always safe?

No. It is a common starting point, not a guarantee. Retirement length, taxes, fees, asset allocation, and market volatility can all change a sustainable withdrawal rate.