FIRE Calculator — your number to retire early in India
Enter your monthly expenses, when you want to retire and a safe withdrawal rate. See the corpus you need, grown for inflation, and the monthly SIP that gets you there.
🎈 In today’s money at 6% inflation
How it is calculated
FIRE (financial independence, retire early) means having enough invested that a small yearly withdrawal pays your costs for life.
Your expenses are grown by inflation to the year you retire, then divided by the withdrawal rate. 3–3.5% is a cautious rate for India, where inflation runs higher than in the US, where the “4% rule” comes from.
Corpus = yearly expenses at retirement ÷ withdrawal rate Yearly expenses then = monthly today × 12 × (1 + inflation)^years
Questions
What is the 4% rule, and does it work in India?
It says you can withdraw 4% of your corpus a year, rising with inflation, for about 30 years. It comes from US data; with higher inflation in India, 3–3.5% is the safer choice, especially for a retirement longer than 30 years.
How much money do I need to retire early in India?
Roughly 28–33 times your yearly expenses at the time you retire. The calculator works it out with inflation.
Does the FIRE number include health costs?
Only if you include them in your monthly expenses. Add health insurance premiums and keep a separate medical buffer.
Can Spendly track my progress to FIRE?
Yes. Add a goal for your FIRE number, link your investments to it and Spendly shows how far along you are.