Financial Independence

This calculator will help you determine how much money you need to retire. It will also help you determine how much money you need to retire early. You can adjust the numbers as you like to determine how much money you need to retire. This data is only stored in your browser and not within our servers. If you want to save your data, please register for an account.

Expenses

Enter your monthly expenses in the form of categories and amount per month. Some examples are pre-provided that you can remove and adjust.

Category Amount Remove
Rent 1000
Food 600

Income

Enter your monthly income in the form of categories and amount per month. Some examples are pre-provided that you can remove and adjust. Pre-Retirement Income is income that you will receive before you retire.

Category Amount Pre-Retirement Remove
Salary 5000
Dividends 1000
*This calculator is for informational purposes only and should not be construed as financial advice. We are not financial advisors. Please consult a financial advisor before making any financial decisions.

Calculations

Metric Value
Monthly Income Total $ 6,000.00
Monthly Expenses Total $ 1,600.00
Monthly Cashflow Total $ 4,400.00
Total Cash needed to Live $ 1,077,406.84
Total Expected Cashflow $ 1,593,325.40