Financial independence number calculator
Pick what you spend and the withdrawal rate you are assuming. The portfolio it implies is one division away, and how long you need to get there depends mostly on what you add each month.
Yearly spending
€24,000
Portfolio needed
€600,000
You have
3%
€20,000
Time to get there
32 y 10 m
The needed portfolio is yearly spending divided by the withdrawal rate: at 4%, twenty-five times a year’s spending; at 3%, about thirty-three. The rate is an assumption, not a fact about markets, so it is left for you to set rather than fixed.
Enter the return after inflation and every figure stays in today’s money. The calculation ignores tax and fees, which move the result: see the fee drag calculator and the dividend tax calculator.
General information about how this calculation works, not financial or tax advice. See our terms.