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FIRE Calculator

FIRE Calculator

FIRE (Financial Independence, Retire Early) sounds extreme, but the math is just: save enough that your investments cover your expenses. This calculator estimates when that might happen for you.

Enter your annual expenses, savings rate, and current portfolio. It factors in Canadian CPP and OAS offsets and shows your Coast FIRE age — the point where you could stop contributing and still hit your target. Useful if you're wondering whether early retirement is a fantasy or a spreadsheet away.

Conservative (2%) Aggressive (6%)
0% 15%

Max ~$16.7K/yr. Lower for income under $70K.

FIRE at age 66

Progress to FIRE 9%

$1.1M

FIRE number (after CPP/OAS)

31.8

Years to FIRE

66

FIRE age

Coast FIRE

Coast FIRE number: $150K — achievable around age 39

The portfolio needed today so you could stop contributing and still reach FIRE by 65 through compound growth alone.

Return scenarios

ReturnYears to FIREFIRE age
4.0%50+
7.0%31.866
10.0%23.958

Portfolio vs FIRE target

Portfolio growth toward financial independence target
PeriodPortfolioFIRE target
Age 35$100K$1.5M
Age 36$126K$1.5M
Age 37$153K$1.6M
Age 38$182K$1.6M
Age 39$213K$1.7M
Age 40$247K$1.7M
Age 41$282K$1.7M
Age 42$321K$1.8M
Age 43$362K$1.8M
Age 44$405K$1.9M
Age 45$452K$1.9M
Age 46$502K$2.0M
Age 47$556K$2.0M
Age 48$613K$2.1M
Age 49$674K$2.1M
Age 50$740K$2.2M
Age 51$810K$2.2M
Age 52$885K$2.3M
Age 53$965K$2.3M
Age 54$1.1M$2.4M
Age 55$1.1M$2.5M
Age 56$1.2M$2.5M
Age 57$1.3M$2.6M
Age 58$1.5M$2.6M
Age 59$1.6M$2.7M
Age 60$1.7M$2.8M
Age 61$1.8M$2.9M
Age 62$2.0M$2.9M
Age 63$2.1M$3.0M
Age 64$2.3M$3.1M
Age 65$2.5M$2.7M

Portfolio growth toward financial independence target. Portfolio ends at $2.5M (Age 65); FIRE target ends at $2.7M (Age 65)

Portfolio growth toward financial independence target
Portfolio FIRE target

These calculators use hypothetical assumptions for illustration only — not a guarantee of future performance or personalized financial advice. Consult a qualified professional before making investment or tax decisions.