FIRE means your investments can pay your living expenses, so work is a choice. This page turns today's spending into a corpus, an age, and a monthly SIP.
RBI's target is 4%. You can use a higher planning rate.
0.0%3.0%6.0%9.0%12.0%
RBI's target is 4%. You can use a higher planning rate.
₹
₹0₹3 Lakh₹27 Lakh₹2.3 Cr₹20 Cr
Stays the same in rupees. No salary hike is assumed.
₹
₹0₹1.3 Lakh₹2.5 Lakh₹3.8 Lakh₹5 Lakh
Stays the same in rupees. No salary hike is assumed.
0.0%5.0%10.0%15.0%20.0%
Used to estimate how long the corpus lasts
0.0%4.0%7.5%11.5%15.0%
Used to estimate how long the corpus lasts
3% to 3.5% is a common planning range for India
2.0%3.0%4.0%5.0%6.0%
3% to 3.5% is a common planning range for India
Corpus at retirement
You need ₹7.65 CrYou need₹7.65 Cr
At this saving rate you reach it at age 54. A monthly SIP of ₹1,21,989, on top of the corpus you already have, reaches this age.
FIRE corpus
₹7,65,42,051₹7,65,42,051
At age 45, in future rupees
Age you reach it
5454
If you keep saving this amount
Monthly SIP needed
₹1,21,989₹1,21,989
To be ready at the age you chose
Corpus from current savings
₹4,02,18,305₹4,02,18,305
₹3,63,23,746 short of the target
The return left after inflation is about 1.42%. The withdrawal rate is higher than that, so the corpus is being spent down. At a steady 3.5% withdrawal, this corpus runs out after 36 years and 3 months. Markets do not earn the same return every year, so treat this as a plan, not a promise.
Yearly spending at retirement is today’s monthly expenses, times 12, times (1 + inflation) to the power of the years left. The corpus is that yearly spending divided by the withdrawal rate.
The withdrawal rate is the share of the corpus you take in the first year. Later withdrawals rise with inflation. At 3.5%, the corpus is about 28.6 times the first year’s spending. At 4%, it is 25 times.
The FIRE age is the first birthday where your portfolio is at least as large as the corpus needed that year. The target moves up with inflation. The monthly SIP is what you must add, on top of the corpus you already have, to hit the age you chose. Savings stay the same in rupees. They are not stepped up.
The post-retirement return does not set the corpus. It is used to see how long the corpus lasts if the return is steady and you withdraw at the start of each year.
Why 3% to 3.5% comes up for India
The 4% rule comes from US research. William Bengen wrote about withdrawal rates in the Journal of Financial Planning in 1994. Philip Cooley, Carl Hubbard and Daniel Walz published the Trinity study in the AAII Journal in 1998. Those studies used American shares and bonds, mostly over a 30-year retirement.
India is not that sample. Under section 45ZA of the Reserve Bank of India Act, 1934, the government sets a CPI inflation target. The RBI records that the target is still 4%, with a band from 2% to 6%, for 1 April 2026 to 31 March 2031.
Higher inflation means the same withdrawal eats a corpus faster. A lot of Indian retirement money also sits in EPF, PPF and fixed deposits. That mix is not a US stock-and-bond portfolio. People planning here often start nearer 3% to 3.5%, which means a larger corpus. That is a choice you type in. It is not a SEBI rate, and it is not a promise that the money will last.
A worked example
Spend ₹1,00,000 a month. Inflation is 0. The withdrawal rate is 4%. Yearly spending is ₹12,00,000. The corpus is that amount divided by 0.04, which is ₹3,00,00,000.
With nothing saved and a 0% return, the monthly SIP for 10 years is ₹2,50,000. That is ₹3,00,00,000 divided by 120 months. Inflation makes the corpus larger, because spending at retirement is larger. The calculator does that step for you.
Assumptions and limits
Monthly savings stay the same in rupees. No bonus, no gap year, no step-up.
Type the expenses the portfolio must pay. A pension or rent you will receive should already be taken off those expenses.
The corpus is in future rupees, not today’s rupees.
Tax on withdrawals is not taken off. Equity funds, EPF and PPF are not taxed the same way when you take money out.
The return is steady. A bad run in the first years of retirement can empty a corpus that looked fine on an average return.
The plan stops at age 100.
This is a plan you can change, not advice. Read the disclaimer.
Questions
Is FIRE the same as a pension?
No. Here it means your investments can pay the expenses you typed, at the withdrawal rate you set. A pension is not added unless you have already reduced the expenses by that income.
Why not just use 4%?
You can. The slider includes 4%. That figure comes from US studies. Many people planning in India type 3% or 3.5% instead, because inflation and the mix of investments are different. The reason is on this page.
Does my EPF count?
Yes, if you include it in the current corpus. This page does not fetch an EPF balance. The return you type has to fit the mix. EPF does not earn an equity return.
What if I still earn after I stop full-time work?
Lower the monthly expenses by the income you can count on. There is no separate box for a part-time salary.
The monthly SIP from this page can be opened in the SIP calculator, which also shows a step-up and the tax if you sell.
If you want to check a past return before you type it in, use the CAGR calculator.