When can you actually retire?
Enter what you've saved and what you invest each month. We'll show your FIRE number, the year you're free, and the single lever that moves the date most, all in today's euros with inflation baked in.
Real return after inflation: 4.4%. We project in today's euros, so the target you see is what you'd actually live on.
2.7% of the way there
The one lever: €100 more a month brings FIRE 1y 11m sooner.
How the number works
Your FIRE number
Roughly your yearly spending × 25 (the 4% rule). Spend €30k a year and you're aiming near €750k. It's the size at which returns can cover your life.
Real returns only
We grow the portfolio at your return minus inflation, so the target and the date are in today's money, not a flattering future headline.
The one lever
Small, steady increases to your monthly amount pull the date in more than chasing a hotter return. The calculator shows exactly how much.
A calculator is a snapshot. Denwyn is the movie.
Connect your accounts and the date updates itself every week, with Auric's two-minute lessons landing exactly when they matter. Tracking, circles and every lesson are free forever.
Start free, no cardFIRE, in plain words
What is FIRE?
FIRE stands for Financial Independence, Retire Early. The idea is to build a portfolio large enough that its returns cover your living costs, so paid work becomes optional. You get there by saving a meaningful share of your income and investing it steadily.
What is the 4% rule?
The 4% rule is a rough guide that says you can withdraw about 4% of your portfolio in the first year of retirement, then adjust for inflation, with a strong chance the money lasts 30+ years. Flipped around, it means your FIRE number is roughly your annual spending times 25. It's a starting estimate, not a guarantee.
How much do I need to retire early in Europe?
Take your expected yearly spending and multiply by 25. If you'll spend €30,000 a year, that's a FIRE number around €750,000. European costs and taxes vary a lot by country, so treat this as the ballpark that gets you started, then refine it with your own numbers.
Does this calculator account for inflation?
Yes. It compounds your portfolio at a real return (your expected return minus inflation), so every figure is in today's euros. The FIRE number you see is what you'd actually need to live on now, not an inflated future headline figure.
Do accumulating ETFs help European investors reach FIRE?
For many EU investors, Ireland-domiciled accumulating UCITS ETFs are tax-efficient because dividends are reinvested inside the fund rather than paid out and taxed each year. Rules depend on your country of residence, so it's worth checking your local tax treatment.