Financial Independence Age Calculator

Calculate the age you'll achieve financial independence.

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FI Age

Enter your current age, savings, and expenses to find your FI age.

FI age
0
Years to FI: 0
FI number
$0
Years to FI
0
FI age
0
Savings rate
0%
Safe withdrawal amount
$0/yr
At 10% savings rate
0 yrs

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Current age30
Current savings ($)$100,000
Annual savings ($)$30,000
Annual expenses ($)$40,000
Expected return (%)7%
Withdrawal rate (%)4% — Standard
ResultValue
FI age45
FI number$1,000,000
Years to FI15
Savings rate42.9%
Safe withdrawal amount$40,000/yr
At 10% savings rate28

Values shown are produced by this page in your browser; change any input to update them.

How to use the FI Age

  1. Current age — default 30
  2. Current savings ($) — default $100,000
  3. Annual savings ($) — default $30,000
  4. Annual expenses ($) — default $40,000
  5. Expected return (%) — default 7%
  6. Withdrawal rate (%) — default 4% — Standard
  7. Press Calculate to update the results instantly.

Frequently asked questions

It depends mostly on your savings rate. Saving 20% gets you there around 65; 50% around 45; 70% before 40, assuming a 5% real return.
We grow your current portfolio at a real return, add your annual savings, and find the year it reaches 25 times your annual spending.
Raise the savings rate before improving returns. Cutting spending helps twice: it increases what you save and lowers the target you need to hit.

Sources & references