What is the FIRE Planner?

The FIRE Planner is Nivritee’s FIRE calculator and planner. FIRE — financial independence, retire early — is the idea of saving and investing until what you hold can pay for your life without a salary, so that work becomes a choice. The FIRE Planner works out what that means for your household: how much you need, when you could get there, and how sturdy the answer is.

What it tells you

• Your FI number — The number you are aiming at, in today’s money, priced on the life you plan to live after you stop. See what your FI number is.
• Independent by — the earliest age at which your projection lasts to the end of your plan. See how early you could stop working.
• The financial freedom index — a score out of 100 with its zone, built from how far along you are, how fast you are moving and how sturdy the plan is.
• Where you stand — your household against households of your age in the country you will live in, from that country’s official survey.
• Stress tests — named events such as a 2008-style crash or a sustained inflation shock, ticked together into one line beside your plan.
• The ledger — every year of the projection, from your age today to the end of your plan.

How it differs from a simple FIRE calculator

• It uses what you actually hold. Listed investments are priced every weekday and feed the projection directly; nothing is retyped.
• Each cost rises at its own rate. Health at medical inflation, school fees at education inflation, the rest at general inflation — at the rates of the country you will be living in.
• It plans for a couple. Two people can stop working at different ages, and each sees their own view as well as the family’s.
• It plans for a move. Earn in one country, settle in another; a cost in another of the eleven markets rises at that country’s rates until it ends, and anywhere else at your plan’s.
• It does not guess. No random simulations: the same inputs always give the same result, and the stress tests show the downside instead.

It needs a free account and about two minutes: the quick start asks for a country and seven figures. Open it from the menu as FIRE Planner, or with Open the FIRE Planner on the Overview.