💼 Financial Freedom Calculator – Your Path to Independence
With the Financial Freedom Calculator you can calculate when and with what assets you can achieve your financial independence. The calculator is based on the FIRE strategy (Financial Independence, Retire Early) and takes into account both the saving phase and the withdrawal phase of your assets.
You can individually determine:
- Your annual income and savings rate
- Your expected return and inflation rate
- Your planned withdrawal rate (e.g., according to the 4% Rule)
- Additional income from statutory or company pensions
- Your living expenses in the withdrawal phase
The calculator shows you how long you need to save until your capital is sufficient to permanently live off your assets.
🧮 Why This Calculator is Important
Many people wonder how much wealth they need to be financially independent. With the Financial Freedom Calculator, you recognize what role the savings rate, returns, and expenses play in your planning – and how small changes affect the long term.
It helps you:
- Determine your personal target wealth
- Calculate the time of your financial independence
- Understand how inflation and taxes affect your wealth
- Simulate various scenarios (“What if …”)
⚙️ How the Calculator Works
- Enter your current financial data (income, savings rate, starting capital).
- Set assumptions for returns, inflation, and desired withdrawal rate.
- The calculator simulates the saving and withdrawal phases – separately and realistically.
- You see your target year, your required wealth, and the expected capital development.
The calculator also considers optional parameters such as taxes, health insurance, and pension entitlements (statutory / company pension schemes) to create the most precise projection possible.
📝 Notes
The calculations are based on assumptions and average values. Market fluctuations, tax changes, or personal life circumstances can influence the actual development. Use the results as guidance for your financial planning, not as a binding forecast.
💬 Tip
Combine this calculator with the Savings Plan Calculator, to optimize your monthly savings performance, or with the Compound Interest Calculator, to better understand the long-term growth of your capital.