ToolVerse

Retirement & FIRE Calculator

See how long monthly investing takes to reach a savings target.

Time to reach target
37 yr 1 mo
Balance at target
$1,004,278.78

Formula & methodology

Each month: balance = balance × (1 + annualReturn/12) + contribution, until balance ≥ target.

Contributions are added at the end of each month and growth compounds monthly. The search is capped at 100 years; returns and inflation are not guaranteed.

Worked example

  • $20k now, $500/mo, 6%, target $100k≈ 9 years 6 months

Frequently asked questions

What is a FIRE number?

It is the amount of invested assets that can fund your living costs, often estimated as 25× your annual expenses (a 4% withdrawal rate).

Does it account for inflation?

No. Enter a real (inflation-adjusted) return if you want results in today’s money.

Privacy

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Disclaimer: Projections use a fixed assumed return and are not financial advice. Real returns vary and are not guaranteed.

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