Financial Independence

Financial Independence Calculator




20 years

 



 

How to use the Financial Independence Calculator:

  • Enter your Annual Expenses: Input your total yearly expenses after taxes.
  • Set the Expected Annual Inflation Rate: Adjust the rate to reflect expected yearly price increases, typically between 2-4%.
  • Choose a Crisis Scenario: Select from 'No Crisis', 'Mild Crisis', 'Moderate Crisis', or 'Severe Crisis' to simulate potential future economic conditions.
  • Adjust the Number of Years: Use the slider to set the number of years you want your savings to last, and see the number change in the display next to the slider.
  • Click 'Calculate': Press the calculate button to see the required savings needed based on your inputs and conditions set.