How much do I need to save to reach my FIRE goal?

Your FIRE target = Annual expenses × 25. For example, if you spend 20,000 TL monthly, your annual expense is 240,000 TL, and your FIRE target is 6,000,000 TL. Once you reach this amount, you can cover your expenses with a 4% annual withdrawal.

Why is savings rate so important?

Savings rate is the most critical factor determining FIRE timeline. With a 10% savings rate, retirement takes about 50 years, with 50% about 17 years, with 70% about 8 years. Increasing savings rate both accelerates your wealth building and reduces your expense needs.

Is the 4% rule applicable in Turkey?

The original 4% rule was developed for the US market. In high-inflation environments, using the real rate of return is more accurate. In Turkey, a more conservative withdrawal rate (3-3.5%) or inflation-indexed investment instruments may be preferred.

Financial Independence Calculator (FIRE)

Results

FIRE Target

Time Remaining

Savings Rate

Monthly Passive Income

Current Progress: 0% -

Savings Rate Scenarios

Savings Rate	Monthly Savings	FIRE Target	FIRE Duration

Yearly Projection

This calculator is for informational purposes only. Results are estimates and may differ from actual values.

What Is FIRE?

Financial Independence, Retire Early

FIRE means reaching the point where passive income from your investments covers your living expenses. At this point, working becomes a choice, not a necessity.

The 4% Rule

Based on the Trinity Study, this rule states that you can withdraw 4% of your portfolio annually and your money will last 30+ years. FIRE Target = Annual Expenses × 25.

FIRE = Monthly Expenses × 12 × 25

The FIRE Journey

Calculate your savings rate: (income - expenses) / income
Determine your FIRE target by multiplying annual expenses by 25
Direct your investments to low-cost index funds
Gradually increase your savings rate
When your portfolio reaches your FIRE target, you are financially independent

Financial Independence Calculator