Financial Independence, Retire Early
FIRE (Financial Independence, Retire Early) is a lifestyle movement focused on achieving financial independence through savings and investments, allowing you to retire early or pursue your passions.
Follow these focused actions to grow your savings rate, build passive income streams, and answer how to achieve financial independence no matter where you start.
Track monthly cash flow, trim discretionary costs, and aim for a 50%+ savings rate. This is the foundation of how to achieve financial independence even if you are a salaried worker.
Plug annual expenses, desired passive income, and target age into the FIRE calculator to see how much money to retire at 30 or 40. Save the FI number so every contribution moves you toward early retirement.
Diversify dividend income, rental income, and index funds so your portfolio supports a 4% rule safe withdrawal rate and leaves room for Coast FIRE or Fat FIRE upgrades.
Mix the FI number, safe withdrawal rate, and lean or fat FIRE targets to confirm how much money to retire without running out.
Aim for at least 25× annual expenses backed by a high savings rate and diversified passive income. Stress-test the 4% safe withdrawal rate in the FIRE calculator before leaving work.
Blend passive income with part-time Barista FIRE work to shrink the FI number. Model scenarios like “how much to retire at 40” so essential costs stay covered.
Once you hit your FI number, let investments coast while active income funds lifestyle upgrades toward Fat FIRE. Recheck the safe withdrawal rate annually to stay on track.
The 4% Rule
Withdraw no more than 4% of your investment portfolio annually to maintain your assets indefinitely after retirement, achieving sustainable passive income.
Choose the FIRE path that fits your lifestyle and goals
Minimalist lifestyle with reduced expenses to achieve financial freedom faster. Perfect for those who value simplicity and time freedom.
Balanced approach maintaining a comfortable standard of living. The sweet spot between enjoying life and achieving financial independence.
Luxury lifestyle with higher spending. Requires more capital accumulation but allows for a premium quality retirement.
Financial freedom brings not just money, but the power to choose your life
No longer bound by work, freely manage your time each day and do what you truly want to do.
Escape financial anxiety, no longer worry about living expenses, and enjoy a more relaxed life.
Have time and energy to explore hobbies, develop personal careers, and realize life's value.
More time to spend with family and friends, enjoying the most important relationships in life.
Use our calculator to discover how far you are from financial freedom
Calculate Now→