When can I retire early?

Your early retirement age depends on your savings rate. At 50% savings rate, you can retire in ~17 years. At 65% savings rate, ~10 years. The higher your savings rate, the faster you reach financial independence.

How does savings rate affect retirement age?

Savings rate is the most powerful factor. Someone saving 20% needs ~37 years to retire. At 40% savings, it takes ~22 years. At 60% savings, only ~12 years. Small increases in savings rate dramatically accelerate retirement.

Can I retire before 40?

Yes, with extreme savings rates (60-80%) and starting in your 20s-30s. This requires high income, low expenses, and aggressive saving. Many FIRE practitioners retire in their 30s with 60%+ savings rates.

What is a good savings rate for early retirement?

For early retirement: 50%+ is excellent (retire in 15-17 years), 40% is good (22 years), 30% is moderate (28 years). Traditional retirement advice of 10-15% takes 40-50 years.

How accurate is the early retirement calculator?

It uses simplified assumptions (constant savings, 7% return, 4% withdrawal rate). Real life varies with market returns, income changes, and unexpected expenses. Build in 2-5 year buffer for safety.

Early Retirement Age Calculator

Find out when you can retire early based on your savings rate

Early Retirement Age Calculator

Calculate when you can retire early based on your savings rate. Find your FIRE age and see how many years sooner you can escape the 9-5.

Current Age

Current Savings

Total retirement savings so far

Annual Income*

Total annual income before taxes

Annual Expenses*

Total annual spending (income - expenses = savings)

Expected Return

7% is historical average

Withdrawal Rate

4% is standard

How Savings Rate Affects Retirement Age

Your savings rate (percentage of income you save) is the single most powerful factor determining when you can retire. Higher savings rate means both faster asset accumulation AND lower expenses to cover in retirement.

Savings Rate Timeline (approximate):

•70% savings rate: ~9 years to retirement
•60% savings rate: ~12 years to retirement
•50% savings rate: ~17 years to retirement
•40% savings rate: ~22 years to retirement
•30% savings rate: ~28 years to retirement
•20% savings rate: ~37 years to retirement
•10% savings rate: ~51 years to retirement

These are simplified estimates assuming 7% real returns and 4% withdrawal rate. Your actual timeline will vary.

Frequently Asked Questions

Everything you need to know about this tool