When can I reach financial independence?
Financial independence is often defined as having 25× your annual spending invested — the point where a ~4% withdrawal can cover your life. Enter your numbers to see your savings rate and how many years you're away. Everything runs in your browser.
A simplified approximation for planning intuition, not financial advice. It assumes a steady real return, constant spending, and the 25×/4% rule of thumb — real paths vary.
How this calculator works
Your FI number is 25× your annual spending — the nest egg that a ~4% safe withdrawal rate can sustain. Your savings rate is the share of income you don't spend. We then grow your current savings plus each year's contributions at your expected real return until the balance reaches your FI number, and report how many years that takes.
- FI number = annual spending × 25
- Annual savings = income − spending
- Savings rate = annual savings ÷ income
The single biggest lever is your savings rate: it both shrinks the target (lower spending) and grows contributions (higher savings) at the same time.
Keep the plan honest
Planomy tracks your real income and spending against this plan and recalibrates your FI date as the months roll in — so the estimate stops being a guess and starts reflecting your actual trajectory.
Frequently asked questions
How is savings rate calculated?
Savings rate is the share of income you save instead of spend. This calculator compares annual savings with income and uses your spending to estimate the portfolio target needed for financial independence.
Why does spending matter so much for FI?
Spending affects both sides of the equation. Lower spending lets you save more today and reduces the portfolio you need later, which is why a higher savings rate can shorten the path to financial independence dramatically.
What does the 25x rule mean?
The 25x rule estimates financial independence as 25 times annual spending, which is the same as a 4% withdrawal rate. It is a simple planning shortcut, not a guarantee that a portfolio will last forever.
Build your full plan in Planomy
Free, private, and running entirely in your browser. Log your actuals and watch your FI date recalibrate — no account required.
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