Financial Independence Planner

Have a target date for retirement? This calculator shows you the exact savings rate required to hit your goal on time.

Your FI Plan

Enter your goals and current status.

Gross Annual Income

Current Savings

Goal: FI in how many years?

Desired Annual Retirement Income

Expected Annual Return

Withdrawal Rate

A common guideline is 4%. This is the percentage of your nest egg you'll withdraw each year in retirement.

Your Monthly Target

$2,852

You'll need to save this much each month to reach your goal of

$1,500,000 in 20 years.

Required Savings Rate

42.8%

*The calculations provided are for illustrative purposes only and should not be considered financial advice. Please consult with a qualified financial professional before making any decisions.