Path to financial independence
Projected portfolio compared with the FIRE target.
PortfolioTarget
Money
FIRE Calculator
Model a simplified financial independence path based on annual spending, current investments, saving, returns, and withdrawal rate.
FIRE target£800,0004.0% withdrawal rate
Time to target24 years 8 months
Progress8.1%
FIRE model
Current portfolio£65,000
Monthly saving£1,000
Spending funded by portfolio£32,000
Tax and fees buffer£00.0%
Projected balance at target£804,280
Assumptions
Calculation notes
- This simplified model does not calculate exact income tax, CGT, platform fees, sequence-of-return risk, inflation changes, state pension, property, or drawdown rules.
- Use the tax and fees buffer to add a broad margin when your portfolio will not be entirely inside tax wrappers.
- A constant annual return is used for illustration.
- This is planning maths, not financial advice.