FIRE Calculator
Discover when you can retire and live off your investments
The most comprehensive free tool for planning your financial independence and early retirement
Complete Simulation
Calculate your path to financial independence with detailed year-by-year projections, considering inflation, returns and retirement strategies.
Advanced Analysis
Includes Monte Carlo simulations, analysis of different portfolio strategies, and consideration of factors like pensions and extraordinary expenses.
Personalized Planning
Adjust all parameters to your personal situation: age, current savings, monthly contributions, and retirement goals.
What is FIRE?
FIRE (Financial Independence, Retire Early) is a movement that seeks financial independence through aggressive saving and investing to be able to retire do what you want with your life much earlier than traditional age.
Key Principles
- High savings rate (20-70% of income)
- Investment in yield-generating assets
- Minimization of unnecessary expenses (avoid consumer traps)
- Long-term mindset
Benefits
- Financial freedom and work flexibility
- Reduced financial stress
- More time for passions and family
- Independence from traditional pension systems
The Power of Time in Investments
Starting early is the most important decision you can make for your financial future. Even small age differences can generate enormous differences in your final outcome.
Invests
€200/month
Ana (28 years)
Started early (at 18 years)
At 55 years will have
€566,873
Invests
€200/month
Carlos (37 years)
Started not so early (at 27 years)
At 55 years will have
€257,867
Invests
€200/month
David (49 years)
Started somewhat later (at 29 years)
At 55 years will have
€214,818
🚨 When Fire Extinguishers Delay your FIRE
These are examples of costly financial decisions that delay or cancel financial independence.
Invests
€200/month
Luis (28 years)
Expensive car when young • Started at 18 years
Down payment + car loan
5.000€ inicial + 4.000€/año (5 años)
At 55 years will have
€204,763
-€362,110 vs Ana without car
Invests
€200/month
María (37 years)
Very expensive wedding • Started at 27 years
Wedding expense
30.000€ gastados en boda
At 55 years will have
€74,668
-€183,199 vs Carlos without expensive wedding
Invests
€200/month
Manuela (49 years)
Very expensive hobbies • Started at 29 years
Expensive hobbies
2.000€/año (20 años)
At 55 years will have
€35,803
-€179,015 vs David without expensive hobbies
"Fire Extinguishers" are devastating for your FIRE
Expensive Car when young
Costs you €362,110 long-term
Expensive Wedding at 37
Costs you €183,199 long-term
Expensive Hobbies
Cost you €179,015 long-term
💡 Lesson: Every Euro spent today is several Euros less in the future due to lost compound interest
What does this example tell us?
9 years difference = €309,006 less
Carlos loses €309,006 for starting 9 years later than Ana
11 years difference = €352,055 less
David would need to save much more to match Ana
Compound interest is exponential
Each year counts more than the previous one thanks to the snowball effect
Time > Initial amount
It's better to start with little than wait to have more money
Don't wait any longer
Every month that passes is a lost opportunity. The best time to start was yesterday, the second best time is TODAY.
👶 Invest for Your Children - The Gift of Time
The greatest gift you can give your children is time for compound interest to work in their favor. Starting from birth can completely change their financial future.
Laia (1 year)
Padres invirtiendo por ella • Started at one year
📊 Family Investment Plan
- • Parents invest €100/month (€50 each) from birth
- • Continue until she has stable employment (~25 years)
- • She follows the example and continues investing the same amount from her salary
- • Goal: Financial independence at 55 years
Result at 55 years
€1,168,928
€602,055 more than Ana (who started at 18 with the same amount)
💡 The Power of Time
17 extra years of compound growth make an extraordinary difference. The first euros invested are the most valuable.
🎯 Strategies for Investor Parents
Early Years (0-18)
- • Custody account in the minor's name
- • Diversified index funds
- • Automatic dividend reinvestment
Transition (18-25)
- • Transfer ownership gradually
- • Practical financial education
- • Continue contributions until job stability
Ready to plan your financial independence?
Use our simulator to discover how much you need to save and when you could reach your FIRE.