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Financial Independence Number Calculator

Calculate your FI number based on annual expenses and withdrawal rate. See your current progress and how many years until you reach financial independence.

Inputs

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%
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Results

FI Number

$1,250,000.00

≈ 3 average U.S. homes

Current Progress16%
Years to FI14.1
Monthly Savings (from $0 over 30yr)$1,024.61
How to Use This Calculator
  1. Enter your annual living expenses — this is the core driver of your FI number.
  2. Set the safe withdrawal rate (4% is the standard starting point from the Trinity Study).
  3. Enter your current invested net worth (exclude home equity unless you plan to sell).
  4. Set your annual savings amount and expected return on investments.
  5. Review your FI number (25x annual expenses at 4% withdrawal), your current progress percentage, and years to financial independence.

How the result changes with Safe Withdrawal Rate

Safe Withdrawal RateFI Number
1.9%$2,631,578.95
4.15%$1,204,819.28
6.85%$729,927.01
9.1%$549,450.55

What each input means

Annual Expenses
Your total annual living expenses that investments need to cover in retirement.
Safe Withdrawal Rate
Percentage of portfolio withdrawn annually. The 4% rule is a common starting point.
Current Net Worth
Your current invested assets (exclude home equity unless you plan to sell).
Annual Savings
How much you save and invest per year.
Expected Annual Return
Expected average annual return on investments before inflation.

How this is calculated

Worked example, using the default values

  1. Identify Input Parameters
    4 parameters
    Annual Expenses = 50000, Safe Withdrawal Rate = 4, Current Net Worth = 200000, Annual Savings = 30000 = 5 input(s) provided
  2. Calculate FI Number
    FI Number
    1250000 = $1,250,000
  3. Calculate Current Progress
    Current Progress
    16 = 16%
  4. Calculate Years to FI
    Years to FI
    14.1 = 14.1

Engine last updated . Checked against 1 independently-derived test how we verify calculators.

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