Calculators / Savings Rate → Years to Financial Independence
Savings Rate → Years to Financial Independence
"If I save X% of my take-home pay, when do I reach FI?"
Saving 10% of your income means working 42 years, but raising the savings rate to 50% cuts that to 15 years, so you have effectively bought back 27 years of your life.
— Debugging Your Personal Finance, Chapter 13
Years to financial independence: —
Assumes constant real return and constant savings rate. Result is independent of your absolute income — the same answer for $50k earners and $500k earners.
From Chapters 3 and 13 of Debugging Your Personal Finance. Simple calculator · Inputs stay in your browser · Not financial advice.
A simplified calculator for education, not financial advice. See the disclaimer.