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Financial Independence
Financial Independence Calculator
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.