Withdrawl Rate (WR)
A withdrawal rate of 4% after retirement is likely to sustain your savings through the rest of
your life.
| WR |
Target |
FIRE Year |
| 3% |
$1M |
2037 |
| 4% |
$750k |
2034 |
| 5% |
$600k |
2032 |
Small Changes, Big Savings
| Expense |
1 Year |
After 10 Years |
By Retirement |
| New Pair of Shoes |
$100 |
$151 |
$157 |
| Make Coffee at Home |
$650 |
$983 |
$1k |
| Drink One Less Cocktail Weekly |
$520 |
$786 |
$820 |
| New iPhone |
$800 |
$1.2k |
$1.3k |
| Fly with Travel Rewards Card |
$1000 |
$1.5k |
$1.6k |
| No Car Payments |
$4200 |
$6.4k |
$6.6k |
Year by Year Wealth Accumulation
| Year |
Income($) |
Expenses($) |
Savings($) |
ROI($) |
Portfolio |
| 2023 |
80,000 |
30,000 |
50,000 |
830 |
70,830 |
| 2024 |
80,000 |
30,000 |
50,000 |
2,939 |
123,769 |
| 2025 |
80,000 |
30,000 |
50,000 |
5,136 |
178,905 |
| 2026 |
80,000 |
30,000 |
50,000 |
7,425 |
236,330 |
| 2027 |
80,000 |
30,000 |
50,000 |
9,808 |
296,138 |
| 2028 |
80,000 |
30,000 |
50,000 |
12,290 |
358,428 |
| 2029 |
80,000 |
30,000 |
50,000 |
14,875 |
423,303 |
| 2030 |
80,000 |
30,000 |
50,000 |
17,567 |
490,870 |
| 2031 |
80,000 |
30,000 |
50,000 |
20,371 |
561,241 |
| 2032 |
80,000 |
30,000 |
50,000 |
23,292 |
634,533 |
| 2033 |
80,000 |
30,000 |
50,000 |
26,333 |
710,866 |
| 2034 |
80,000 |
30,000 |
50,000 |
29,501 |
790,367 |
| 2035 |
80,000 |
30,000 |
50,000 |
32,800 |
873,167 |
| 2036 |
80,000 |
30,000 |
50,000 |
36,236 |
959,403 |
| 2037 |
80,000 |
30,000 |
50,000 |
39,815 |
1,049,218 |
