Question 1

At what age can I reach financial independence?

Accepted Answer

Your FIRE age depends on three things: how much you already have invested, how much you invest every month, and the yearly spending your portfolio must cover. The calculator projects your capital month by month at your expected real return and shows the age at which withdrawals cover your lifestyle.

Question 2

What is the difference between Lean, Regular, Fat, Barista and Coast FIRE?

Accepted Answer

Lean FIRE covers a frugal lifestyle (about 70% of today's spending), Regular FIRE covers your current lifestyle, and Fat FIRE targets a comfortable one (roughly double). Barista FIRE only funds the part of your spending that a part-time income does not cover, and Coast FIRE is the point where your existing capital alone grows into your full number by retirement age, so you can stop investing.

Question 3

How is the FIRE number calculated?

Accepted Answer

The target capital is your yearly spending divided by the safe withdrawal rate. With the classic 4% rule, 30,000 € of yearly spending needs 750,000 € invested. A lower withdrawal rate makes the plan safer but raises the amount required.

Financial independence (FIRE): at what age can you stop?

Type of FIRE

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