Ignitify's FI Number Calculator
Discover your magic number for Financial Independence. Plan your escape from the rat race and live life on your terms.
Enter Your Annual Spending & SWR
Your Calculated Financial Independence Number
Plan Your Journey to Financial Freedom
Your FI Number: The Key to Financial Freedom
Your Financial Independence (FI) number is the amount of money you need invested to live off the returns indefinitely, without needing to actively work for income. It's your personal gateway to freedom.
Knowing your FI number empowers you to:
- Set a clear, tangible goal for your financial journey.
- Make informed decisions about your spending and saving habits.
- Track your progress towards achieving financial independence.
- Design a life aligned with your values and aspirations.
Ignitify's FI Number Calculator makes this critical calculation accessible.
Key Features of the Ignitify FI Number Calculator
Our calculator is designed to give you a clear and actionable FI target.
Annual Spending Input
Enter your desired annual spending in retirement to form the basis of your FI number calculation.
Safe Withdrawal Rate (SWR)
Utilize common SWRs (e.g., 4% rule) or input your own to determine how much you can withdraw from your portfolio each year.
Calculate Your FI Target
Instantly see the total investment portfolio size you need to achieve Financial Independence based on your spending and SWR.
Plan for a Secure Future
Understand the amount you need to save and invest to reach your FI number and live off your investments indefinitely.
Uncover Your Path to Financial Independence
Calculating your FI Number is simple with our intuitive tool:
Define Your Desired Annual Spending
How much do you estimate you'll need to spend per year to live comfortably in retirement? This is your starting point.
Choose Your Safe Withdrawal Rate (SWR)
Select a SWR (e.g., the common 4% rule) or input your preferred rate. This determines how much of your portfolio you can withdraw annually.
Explore Other Financial Tools
Continue your journey to financial clarity with our other specialized calculators, designed to help you plan every aspect of your FI/RE journey.
Scroll left or right to view more calculators
Ready to Calculate Your FI Number?
Sign up with Ignitify to use our FI Number Calculator and unlock a comprehensive suite of tools to plan and achieve your financial independence.
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