FIRE Calculator - Financial Independence, Retire Early

FIRE (Financial Independence, Retire Early) is a movement gaining significant traction in India where professionals pursue financial freedom through aggressive saving and investing, often targeting retirement in their 40s instead of traditional 60. The concept is mathematically elegant: your corpus grows through two engines (savings + investment returns), and the earlier you achieve a corpus generating 4% annual withdrawal = your annual expenses, the sooner you can retire. For example, if you earn ₹15 lakh/year, save ₹7.5 lakh (50% rate), invest at 12% returns, you need ₹1.875 crore corpus (25 × annual expenses). With compound growth, this typically takes 15-17 years. FIRE requires ruthless expense discipline (living on 50% of income is non-negotiable) and investment discipline (12%+ returns from equity SIPs). This calculator shows the power of savings rate as the primary lever—a 50% saver reaches FI in half the time of a 30% saver. For high-income earners in India (₹15L+), FIRE is increasingly realistic, especially when combined with side income or business ventures.