FIRE Retirement Calculator
Financial Independence, Retire Early (FIRE) is a movement focused on achieving financial independence and retiring early. Use this calculator to plan and visualise your retirement strategy.You can use your own numbers in the calculator below to see the results below
Starting Balance: Corpus available in the beginning of the year
Annual Withdrawal: Living expense amount being withdrawn in the beginning of the year
Tax+levy: Payable tax on the income from investment of the corpus (as per the tax bracket on this link https://www.taxcalc.com.au/)
Ending Balance: Corpus available at the end of the year after paying tax for that year (includes the income from invested corpus and also deducting the living expense withdrawn for the year)
Results
How many years the retirement corpus will last:
| Year | Starting Balance | Annual Withdrawal | Tax+MC Levy | Ending Balance |
|---|
Important information:
This retirement calculator is provided for informational and research purposes only. It is not intended as financial advice, and I am not a financial advisor. The tool is in draft mode and should not be considered a decision-making tool. Any financial decisions made based on the results are the user’s sole responsibility. Use this calculator for fun and research, and always consult with a qualified financial professional for personalised advice.