Early Retirement

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Finance

Early Retirement is a fast, free finance calculator. Enter Current Age, Desired Retirement Age and Annual Retirement Expenses to get an instant, accurate result — complete with the formula, a step-by-step worked example, and answers to common questions, all on one page and private to your browser.

Formula

Portfolio_Future = Current × (1+Return)^Years; Safe_Withdrawal = Portfolio × 4%
  • Uses 4% safe withdrawal rate (conservative)
  • Assumes portfolio grows at expected return
  • Does not account for inflation

FIRE Feasibility

Inputs
  • Current Age: 40 years
  • Desired Retirement Age: 55 years
  • Annual Retirement Expenses: 60000 $
  • Current Portfolio Value: 500000 $
  • Expected Annual Return: 7 %

Starting with $500k at age 40, retiring at 55 with 7% returns and $60k annual expenses: Portfolio grows to $1.025M, allowing $41k annual safe withdrawal.

Frequently asked questions

What is the 4% rule?
Research suggests you can safely withdraw 4% of your portfolio annually without running out of money in a 30-year retirement.
How does inflation affect this?
The 4% rule includes inflation; adjust expected returns downward if using nominal (not real) return rates.