Coast FIRE Calculator
Find Out if You Already Have Enough Saved for RetirementCoast FIRE is when you no longer need to save for retirement because your existing investments will grow enough to support your future spending.
With retirement covered, you have more career flexibility because you don’t need to earn as much money. You can focus more attention on your present-day self. That might mean working less hours or a less stressful job.
To read more about the essence of Coast FIRE, check out my post: Why Coast FIRE is a Powerful Money Mindset Hack.
Step 1: Your Retirement Goal
Step 2: Your Portfolio
Step 3: Assumptions *
Investment Growth Rate (%): I personally use 10% because that matches the average historical rate of return of the S&P 500 (before adjusting for inflation).
Inflation Rate: The rate at which prices increase over time. The US economy has historically averaged 3% annual inflation. This value helps forecast your future purchasing power in today’s dollars.
Withdrawal Rate: The amount you anticipate withdrawing from your account each year. 4% is the commonly recommended withdrawal rate for retirement planning.