Portseido logo Portseido logo Pricing
FREE TOOLS

Fat FIRE Calculator

Calculate and plan your Fat FIRE progress for free

About this Fat FIRE Calculator

Fat FIRE is another variation of Financial Independence, Retire Early (FIRE) where you save aggresively to be able to achieve a high standard of living after your retirement. This calculator is created to help you calculate and visualize that plan and milestones.

Your Investment Inputs

Current Net Worth:
Expected Annual Return:
Additional Contribution:
Contribution Growth:

Your Fat FIRE Number Inputs

Current Age:
Retirement Annual Spending:
Retirement Withdrawal Rate:

You will achieve your Fat FIRE goal

Required Wealth for Retirement: $5,000,000

Your Wealth at Retirement: $5,008,329

Retirement Age: 51

Years until Retirement: 21 years

Retirement Month: May 2045

Calculating
YearJanFebMarAprMayJunJulAugSepOctNovDec
2024
-
-
-
503.15k
508.15k
513.08k
518.14k
523.23k
528.25k
533.4k
538.48k
543.69k
2025
548.93k
553.89k
559.19k
564.61k
570.18k
575.67k
581.3k
586.97k
592.55k
598.29k
603.94k
609.74k
2026
615.58k
621.09k
626.99k
633.03k
639.23k
645.33k
651.6k
657.91k
664.12k
670.5k
676.79k
683.25k
2027
689.74k
695.87k
702.44k
709.16k
716.05k
722.84k
729.81k
736.82k
743.74k
750.83k
757.83k
765.01k
2028
772.23k
779.2k
786.51k
793.97k
801.64k
809.19k
816.94k
824.74k
832.43k
840.32k
848.1k
856.08k
2029
864.11k
871.69k
879.82k
888.12k
896.63k
905.03k
913.64k
922.31k
930.85k
939.63k
948.27k
957.14k
2030
966.07k
974.49k
983.52k
992.74k
1M
1.01M
1.02M
1.03M
1.04M
1.05M
1.06M
1.07M
2031
1.08M
1.09M
1.1M
1.11M
1.12M
1.13M
1.14M
1.15M
1.16M
1.17M
1.18M
1.19M
2032
1.21M
1.22M
1.23M
1.24M
1.25M
1.26M
1.27M
1.29M
1.3M
1.31M
1.32M
1.33M
2033
1.35M
1.36M
1.37M
1.38M
1.39M
1.41M
1.42M
1.43M
1.45M
1.46M
1.47M
1.49M
2034
1.5M
1.51M
1.53M
1.54M
1.56M
1.57M
1.58M
1.6M
1.61M
1.63M
1.64M
1.66M
2035
1.67M
1.69M
1.7M
1.72M
1.73M
1.75M
1.76M
1.78M
1.8M
1.81M
1.83M
1.85M
2036
1.86M
1.88M
1.9M
1.91M
1.93M
1.95M
1.97M
1.98M
2M
2.02M
2.04M
2.06M
2037
2.08M
2.09M
2.11M
2.13M
2.15M
2.17M
2.19M
2.21M
2.23M
2.25M
2.27M
2.29M
2038
2.31M
2.33M
2.35M
2.37M
2.39M
2.41M
2.44M
2.46M
2.48M
2.5M
2.52M
2.55M
2039
2.57M
2.59M
2.61M
2.64M
2.66M
2.69M
2.71M
2.73M
2.76M
2.78M
2.81M
2.83M
2040
2.86M
2.88M
2.91M
2.93M
2.96M
2.99M
3.01M
3.04M
3.07M
3.1M
3.12M
3.15M
2041
3.18M
3.2M
3.23M
3.26M
3.29M
3.32M
3.35M
3.38M
3.41M
3.44M
3.47M
3.5M
2042
3.53M
3.56M
3.59M
3.62M
3.66M
3.69M
3.72M
3.76M
3.79M
3.82M
3.86M
3.89M
2043
3.92M
3.96M
3.99M
4.03M
4.06M
4.1M
4.13M
4.17M
4.21M
4.25M
4.28M
4.32M
2044
4.36M
4.39M
4.43M
4.47M
4.51M
4.55M
4.59M
4.63M
4.67M
4.71M
4.75M
4.8M
2045
4.84M
4.88M
4.92M
4.96M
5.01M
5.05M
5.1M
5.14M
5.19M
5.23M
5.28M
5.32M
2046
5.37M
5.41M
5.46M
5.51M
5.56M
5.61M
5.66M
5.71M
5.76M
5.81M
5.86M
5.91M
2047
5.96M
6.01M
6.06M
6.11M
6.17M
6.22M
6.27M
6.33M
6.38M
6.44M
6.5M
6.55M
2048
6.61M
6.66M
6.72M
6.78M
6.84M
6.9M
6.96M
7.02M
7.08M
7.14M
7.2M
7.27M
2049
7.33M
7.39M
7.45M
7.52M
7.58M
7.65M
7.72M
7.78M
7.85M
7.92M
7.99M
8.06M
2050
8.13M
8.19M
8.26M
8.33M
8.41M
8.48M
8.55M
8.63M
8.7M
8.78M
8.85M
8.93M
2051
9.01M
9.08M
9.16M
9.23M
9.32M
9.4M
9.48M
9.56M
9.64M
9.73M
9.81M
9.89M
2052
9.98M
10.06M
10.15M
10.23M
10.32M
10.41M
10.5M
10.59M
10.68M
10.78M
10.87M
10.96M
2053
11.06M
11.14M
11.24M
11.34M
11.44M
11.53M
11.63M
11.73M
11.83M
11.94M
12.04M
12.14M
2054
12.24M
12.34M
12.45M
12.55M
12.66M
12.77M
12.88M
12.99M
13.1M
13.22M
13.33M
13.44M
2055
13.56M
13.67M
13.78M
13.9M
14.02M
14.14M
14.26M
14.39M
14.51M
14.63M
14.76M
14.88M
2056
15.01M
15.13M
15.26M
15.39M
15.52M
15.66M
15.79M
15.93M
16.06M
16.2M
16.34M
16.48M
2057
16.62M
16.75M
16.89M
17.03M
17.18M
17.33M
17.48M
17.63M
17.78M
17.93M
18.08M
18.23M
2058
18.39M
18.53M
18.69M
18.85M
19.01M
19.17M
19.34M
19.51M
19.67M
19.84M
20M
20.17M
2059
20.34M
20.51M
20.68M
20.85M
21.03M
21.21M
21.39M
21.58M
21.76M
21.95M
22.13M
22.32M
2060
22.51M
22.69M
22.88M
23.07M
23.27M
23.47M
23.67M
23.87M
24.07M
24.28M
24.48M
24.69M
2061
24.9M
25.09M
25.3M
25.52M
25.74M
25.95M
26.18M
26.4M
26.62M
26.85M
27.07M
27.3M
2062
27.53M
27.75M
27.98M
28.22M
28.46M
28.7M
28.94M
29.19M
29.44M
29.69M
29.93M
30.19M
2063
30.44M
30.68M
30.94M
31.2M
31.47M
31.73M
32M
32.27M
32.54M
32.82M
33.09M
33.37M
2064
33.65M
33.92M
34.21M
-
-
-
-
-
-
-
-
-

Track your Fat FIRE progress with Portseido now.

Try Portseido for free, no credit card required.

What Is Fat FIRE (Financial Independence, Retire Early)?

Fat FIRE, an acronym for "Financial Independence, Retire Early," represents a more comfortable and lavish approach to early retirement compared to its leaner counterpart, Lean FIRE. In Fat FIRE, the goal is to amass a substantial amount of wealth that allows for a higher standard of living during retirement. This approach provides more flexibility, fewer financial constraints, and the ability to enjoy life to the fullest without worrying about money.

How Does FIRE Work?

Two key components of FIRE are saving aggressively and investing wisely. By starting saving your income early and investing the sums, compound interest can accelerate the journey to Financial Independence and Retire Early.

How to use Fat FIRE calculator?

Portseido's Fat FIRE Calculator is the free tool that helps individuals to plan for their financial independence and retire early. We will explore how to effectively use this calculator to project your financial future, set realistic goals, and make informed decisions.

Understanding Your Investment Inputs:

1. Time Horizon (Years):

This is the duration over which you plan to achieve your financial goals. Whether you're aiming for early retirement or saving for a specific milestone, input the desired number of years.

2. Current Net Worth:

Enter your current financial standing, including savings, investments, and any other assets. This provides the baseline for your future projections.

3. Expected Annual Return:

Specify the anticipated annual return on your investments. This figure helps the calculator estimate the growth of your portfolio over time.

4. Additional Contribution:

Input any additional funds you plan to contribute regularly. You can choose the frequency, whether monthly or annually, depending on your financial habits.

5. Contribution Growth (Percent and Frequency):

Define the growth rate for your additional contributions. This feature allows you to account for salary increases, bonuses, or other financial increments. Choose whether this growth occurs year over year or month over month.

How to Calculate Fat FIRE Goal?

Fat FIRE Formula

Calculating your Fat FIRE goal involves determining the required retirement net worth. To achieve this, you need to understand two key components: retirement annual spending and withdrawal rate.

1. Retirement Annual Spending

Retirement Annual Spending is your estimated spending for any given year during retirement. This involves creating a detailed budget that takes into account all your future expenses, including housing, healthcare, travel, hobbies, and any other costs you expect to incur. It's important to be realistic and thorough in this assessment to ensure your retirement years are financially comfortable.

2. Withdrawal Rate

Withdrawal Rate represents the percentage of your net worth that you anticipate withdrawing annually to cover your retirement expenses. A lower withdrawal rate implies a safer and more conservative approach to financial independence, as it reduces the risk of outliving your savings.

The widely accepted safe withdrawal rate is typically between 3% and 4%. This means that for every $1 million in your retirement portfolio, you can withdraw $30,000 to $40,000 annually, assuming a 3% to 4% withdrawal rate.

Executing the Calculation:

Once you've entered all the necessary information, click on the "Calculate" button. The Portseido Free Online Fire Calculator will process your inputs and generate a comprehensive set of outputs to guide your financial planning.

Understanding the Outputs:

1. Final Goal:

The calculator will display the projected final goal amount in dollars. This represents the target amount you aim to achieve within the specified time horizon.

2. Portfolio Projection Graph:

Visualize your portfolio's projected growth over time with an easy-to-understand graph. This graphical representation provides a quick overview of your financial trajectory.

3. Portfolio Projection Table:

Explore a detailed table that breaks down your portfolio progression over the specified time horizon. The table includes multiple tabs for "Value," "Contribution," and "Return," allowing you to analyze each aspect of your financial plan.

Tracking your FIRE progress now with Portseido

Time is ticking! Start now before it's too late.