Retirement & FIRE Calculator
Your “FI number” is just spending divided by a safe withdrawal rate. This projects your savings against it and tells you the age you cross the line.
Your numbers
yrs
yrs
₹
₹
%/yr
₹
Your yearly living costs once you stop earning — rent/EMI, food, bills, everything.
%/yr
The % of your savings you plan to draw down each year. 4%/yr is a common, cautious starting point.
Result — with the workings shown
Savings target
₹1.5 Cr
often called your “FI number”
Projected savings at age 55
₹2.48 Cr
₹98.32 L above target
Financially free at age
49.2
19.2 years from now
How this is worked out
In plain terms: if you plan to spend ₹6,00,000/yr and only draw down 4.0% of your savings each year, you need ₹1.5 Cr saved up — that's yearly spending ÷ withdrawal rate. Starting from ₹8 L today and adding ₹25,000/mo at 7.0%/yr, you'd have ₹2.48 Cr saved by age 55 — and you'd cross that ₹1.5 Cr target at age 49.2, which is when you'd have the option to stop working, whether or not you take it.
Projected savingsSavings target · ₹1.5 Cr
Terms used on this page
- FIRE
- Financial Independence, Retire Early — the idea of saving and investing aggressively so your investments alone can cover your living costs, whether or not you keep working.
- FI number / savings target
- The amount you'd need invested so that a small yearly withdrawal from it covers your expenses forever, without running out.
- Withdrawal rate
- The % of your savings you plan to sell off and spend each year in retirement. Lower is safer (the money lasts longer); 4%/yr is a widely used starting point.
- Corpus
- A common term in Indian personal finance for a lump sum of invested savings — used interchangeably with "savings target" here.