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FIRE number

FIRE calculator for India

To retire early in India you usually need 33 to 40 times your yearly expenses at the age you stop working. Enter five numbers to see your own FIRE number, the monthly SIP that gets you there and your earliest FI age. Everything is in ₹ and runs in your browser.

Free · any currency · no sign-up · method last reviewed

Sets typical inflation and returns
yrs
yrs
15 years from now
₹
₹50,000 · Everything you spend, incl. insurance. Leave out loan payments that end before then.
₹
₹10 L · Mutual funds, stocks, FD, PPF, EPF balance
₹
₹30,000 · Including EPF and other retirement saving
Assumptions · 6% inflation · 10% stocks · plan to 90
%
Typical for India
%
Yearly, after tax
%
Yearly, after tax
%
As your income grows
%
Share of what's already invested
yrs
90+ if retiring early

Your FIRE number at 45: ₹4.84 Cr. Short by ₹2.83 Cr.

Your FIRE number at 45

Short by ₹2.83 Cr

₹4.84 Cr

About 34× your first-year spending of ₹14.38 L at 45 (that's ₹6 L a year in today's money).

At your current investing you'd have about ₹2.01 Cr at 45.

Invest each month to be financially independent at 45
₹81,521
Rising 8% a year
At your current investing
Age 57
Earliest FI age investing ₹30,000/month
Coast FIRE number today
₹1.5 Cr
You have ₹10 L
Your investments vs your FIRE numberAt your current investingFIRE number
₹0₹1.21 Cr₹2.42 Cr₹3.63 Cr₹4.84 Cr3133353739414345

In future money (prices rise 6% a year). Assumes steady returns; real markets go up and down.

Will the money last until 90?

What you're on course for: ₹2.01 Cr at 45

Expected returns
Runs out at 59
Stocks earn the expected return every year
Crash in the first year
Runs out at 56
Stocks fall 35% right after you stop working

Your FIRE number: ₹4.84 Cr

Expected returns
Lasts past 90
Stocks earn the expected return every year
Crash in the first year
Runs out at 78
Stocks fall 35% right after you stop working

Your FIRE number is sized to last until 90 at expected returns. Stopping work at 45 with less means it runs out sooner. Both use a bucket strategy: 10 years of spending in bonds and cash, the rest invested for later years. A crash right after you stop working is the biggest risk; the full planner shows how to prepare for it.

Make it a full plan

Add EPF and NPS, health costs, children's education and other goals, a year-by-year cash flow, and a bucket strategy for after you stop working. Your numbers from here carry over.

Quick answer: what is your FIRE number?

Your FIRE number is the investment corpus that can pay your inflation-adjusted living expenses from the age you stop working until your plan age (90 or later for early retirement). In India it is usually 33 to 40 times your first-year expenses at FI, more than the 25 times of the US "4% rule", because inflation is higher and an early retirement can last 40 to 50 years. For example, ₹50,000 a month today is about ₹14.4 lakh a year in 15 years at 6% inflation, so a FIRE number of roughly ₹4.7 to 5.8 crore.

How many times your expenses do you need?

Divide 100 by the share of your corpus you plan to withdraw in the first year: at 4% that is 25 times your yearly expenses. A lower withdrawal rate needs a bigger corpus but leaves more margin for high inflation, a long retirement or a bad start.

Withdrawal rateMultiple neededOn ₹14.4 lakh a year
4%25×₹3.6 crore
3.5%28.6×₹4.1 crore
3%33.3×₹4.8 crore
2.5%40×₹5.8 crore

The 4% rule comes from US data for 30-year retirements. With Indian inflation and a 40- to 50-year early retirement, many planners use 2.5 to 3%.

How this FIRE calculator works

  1. Your spending at FI. Today's monthly expenses grow with inflation until your FI age. That gives your first-year spending after you stop working.
  2. Your FIRE number. We add up every year's spending from your FI age to your plan age, still rising with inflation. Each year's money is assumed to stay invested until it's needed: the next 10 years in fixed income, later years in a mix with more equity. The total is the corpus you need on day one.
  3. What you already have. Your current investments grow at the returns you enter. Whatever's left is the gap your monthly investing has to fill.
  4. Monthly investment. We find the first-year SIP that closes the gap, rising by your step-up each year, with equity reduced gradually as FI gets closer.
  5. Will it last? We simulate the FIRE number year by year after FI, at expected returns and after a 35% equity crash in the first year.

How is FIRE different in India?

  • Higher inflation. Prices in India have risen faster than in the US or Europe, so the "25 times expenses" rule of thumb is too thin for most Indian early retirees.
  • Medical costs rise faster. Health costs tend to rise faster than other prices, and you lose your employer's cover when you stop working. Include a family floater and super top-up premium in your expenses.
  • EPF, PPF and NPS. EPF can be withdrawn once you leave work (75% straight away, the rest after a year). PPF is locked for 15 years with limited withdrawals. NPS can be taken after 15 years in an All-Citizen account or at 60, with at least 20% buying an annuity. The full planner handles each one separately. Rules as of November 2026.
  • Sequence risk. A market crash in the first few years after you stop working does the most damage. Keeping several years of spending in fixed income (a bucket strategy) protects you from having to sell equity at a low.

Frequently asked questions

How much money do I need to retire early in India?

Usually about 33 to 40 times your yearly expenses at the age you stop working, more than the 25 times of the US "4% rule", because Indian inflation is higher and an early retirement can last 40 to 50 years. Start with what you spend today and add inflation: ₹50,000 a month today becomes about ₹14.4 lakh a year in 15 years at 6% inflation. This calculator works out the exact number year by year for your inputs.

Is the 4% rule safe for India?

The 4% rule (25 times expenses) comes from US data for 30-year retirements. Indian inflation has been higher, and early retirement can last 40 to 50 years, so many Indian planners use 3% or less, which is 33 times expenses or more. Instead of a fixed rule, this calculator sizes your FIRE number so a bucket strategy lasts until your plan age at the returns you enter, and shows what happens if markets crash in your first year.

Can I use my EPF if I retire early?

Yes. Under the rules the Labour Ministry announced in October 2025, after you leave your job you can withdraw 75% of your EPF balance straight away and the remaining 25% after 12 months without employment. Full withdrawal is also allowed on retirement after 55. So count your EPF balance in "already invested" and your monthly EPF contribution in "you invest each month". Check epfindia.gov.in before you rely on these rules, as EPFO updates them from time to time.

Can I use PPF and NPS before 60?

Partly. A PPF account runs for 15 full financial years. Before that you can make one partial withdrawal a year once five years have passed from the end of the year you opened it (up to half of an earlier balance), or close it early after five years only for set reasons such as serious illness, higher education or moving abroad, with 1% less interest. For NPS, since December 2025 an All-Citizen account allows a normal exit after 15 years in NPS or at 60, whichever comes first: up to 80% as a lump sum and at least 20% to buy an annuity. Corporate NPS still waits for your employer's retirement age, and leaving earlier means at least 80% must buy an annuity. In the full planner, set the NPS access age to the age you will qualify.

How is my FIRE corpus taxed when I withdraw?

Only the gain in each withdrawal is taxed, not the money you put in. Gains on equity mutual funds and shares held for more than a year are taxed at 12.5% above ₹1.25 lakh of such gains a financial year, and at 20% if held for a year or less (rates since July 2024, unchanged in Budget 2026). Interest from FDs and gains on debt funds bought since April 2023 are taxed at your slab rate. Tax rules change with each Budget, so enter after-tax returns in the calculator and check the current rules on incometaxindia.gov.in.

Do I need my own health insurance if I retire early?

Yes. Your employer's group cover ends when you leave, and a new policy can make you wait for some claims: since April 2024 insurers can make you wait up to 3 years before covering pre-existing conditions. Buying a personal family floater with a super top-up while you are still working means those waits are over by the time you stop. Put the yearly premium in your expenses, as it rises with age and with medical costs.

What is Coast FIRE?

Coast FIRE is the amount you need invested today so that, with no further investing, it grows into your FIRE number by your FI age. Once you reach it you only need to earn enough to cover your current expenses. The calculator shows your Coast FIRE number next to your full FIRE number.

What returns and inflation should I assume?

Use after-tax returns and stay conservative. The defaults are 10% for equity, 6% for fixed income and 6% inflation. Higher return assumptions lower the monthly investment you are shown, but if real returns turn out lower you could fall short. Try a lower equity return to see how sensitive your plan is.

Why do other calculators show a different number?

Two common reasons. Many SIP calculators treat 12% a year as 1% a month, which compounds to about 12.7% a year: over 20 years, ₹10,000 a month then shows about ₹99.9 lakh instead of ₹92 lakh. We compound the yearly return you enter exactly. Many FIRE calculators also use a fixed 25 times expenses; we size the corpus so it lasts until your plan age at your returns, which is usually more for an Indian early retirement.

Is my data stored anywhere?

No. The calculator runs in your browser and your numbers are not sent to any server. The inputs appear in the page address only so you can bookmark or share a result yourself.

Sources

Rules and rates change. Check the current figures with the official source before acting.

For education only, not financial advice. Results depend on your inputs and on assumed returns and inflation, which will differ from reality. Read the disclaimer.