finkit

FIRE Planner

Find your FI number and estimated FI age.

ⓘ How this works

FIRE stands for "Financial Independence, Retire Early" — the idea of saving and investing enough that your investments can cover your living expenses without needing a job. This calculator estimates your "FI number" (the total savings you need) and roughly how many years it will take you to reach it, based on your current savings, how much you invest monthly, and your expected returns.

Your inputs

Monthly expenses
₹
Current wealth
₹
Monthly investment
₹
Annual increase
%
Expected return
%
Withdrawal rate
%
Inflation
%

Financial independence

FI target (today’s money)
₹1.5 Cr

The corpus you'd need today so that withdrawing your current monthly expenses, at the withdrawal rate you set, never runs it down.

Estimated corpus at FI date
₹2.19 Cr

The same target in 6.5-years-from-now rupees, after 6% yearly inflation. This is the number your investments actually have to reach.

Still need to save (today's money)₹1 Cr
Estimated years to FI6.5
Investing ₹3,800 more/month could get you there 2 months sooner.
How these numbers are built
FI target = ₹50,000/month × 12 ÷ 4% initial withdrawal rate.
At 6% inflation, ₹50,000/month today is expected to cost about ₹73,023/month when you reach FI.
Expected return 12% is nominal. After 6% inflation that is roughly 5.7% real growth in purchasing power. These are assumptions, not guaranteed returns.
Years to FI under different return assumptions:
8% → 8.3 yrs10% → 7.3 yrs12% → 6.5 yrs (yours)
The 4% withdrawal rule comes from US market studies; Indian inflation and return history suggest a more conservative 3-3.5% for long retirements. Healthcare inflation typically runs above general inflation.

Risk note · Retirement projections compound small assumption changes over decades: a 1% difference in return or inflation can move the outcome by lakhs or crores. Markets are volatile, inflation is uncertain, and tax rules change. Treat these numbers as a planning range, revisit them yearly, and keep a safety margin.

Disclaimer · finkit is an educational tool, not financial, tax or legal advice. Every result is a projection from the numbers you entered and the assumptions stated on the page — it is not a forecast, a quote, or an offer. Check decisions with a SEBI-registered adviser, your lender, or a tax professional.

MORE FIRE TOOLS

Lean FIRE

Find your FI number targeting a leaner post-FI lifestyle.

Can I Retire?

Check whether your savings trajectory gets you to retirement by the time you want.

Retirement SWP

See how long your retirement corpus lasts once you start drawing it down, with an optional pension offset.

FIRE Journey

Your whole retirement in one picture — age-by-age, from today's savings to your FI point to a lifetime of withdrawals.

Coast FIRE

See if you already have enough invested that you can stop actively saving for retirement.