FIRE Calculator (Financial Independence & Retirement Estimator).
Projects superannuation growth, Age Pension eligibility, and investment returns year by year for Australians planning financial independence or early retirement.
Move the sliders or type your numbers in — the math updates live as you go. Click Get AI verdict when you want a written analysis.
The FIRE Calculator helps Australians plan early retirement and financial independence. It projects your superannuation and investments growth, estimates Age Pension eligibility, and simulates your year-by-year retirement outcomes against your income goals.
Real-world scenarios
Single Early Retiree
Alex, age 41, wants to retire at 55 with a $1 million portfolio and $50,000 annual income target.
Inputs
Alex's $1M starting balance hits the $1.25M FIRE number by age 44 — 11 years ahead of the age-55 target — and grows to roughly $3.1M by retirement. At that size, the portfolio comfortably outlasts age 95 on $50,000/year, and it's well above the Age Pension assets-test cutoff, so no pension applies.
Couple Planning FIRE
Lisa and Sam are both 35 with $150,000 in super each and $250,000 in investments. They’re planning to retire at 60 on $80,000 per year.
Inputs
Lisa and Sam's combined $550,000 grows to roughly $5M by age 60 on their savings rate and 7% returns, comfortably funding $80,000/year past age 95 — with no Age Pension needed at that balance. The real risk isn't running out of money, it's a market downturn early in retirement (sequence-of-returns risk) — worth stress-testing at a lower return assumption before locking in the plan.