FIRE Retirement Calculator

By MoneyBees

Find your Financial Independence number, project your nest egg, and see how many years until you can retire on your own terms.

Frequently asked questions

What's the FIRE 4% rule?

Multiply annual expenses by 25 (or divide by 4%) to get your Financial Independence number — the portfolio size that can safely sustain your spending for 30+ years. Based on the Trinity Study of historical US market returns.

How much do I need to retire in Singapore?

Depends on your annual expenses. S$48,000/year of expenses at a 4% withdrawal rate requires S$1.2M. With the CPF LIFE Full Retirement Sum providing ~S$1,780/month from age 65 (2026 cohort, Standard plan), your private portfolio target drops by about S$534,000.

Should I use the 4% or 3% withdrawal rate?

4% works for 30-year retirements per the Trinity Study. For FIRE retirees with 40 – 50 year horizons, conservative planners use 3% – 3.5% to add a safety margin against sequence-of-returns risk and lower forward returns.

Does the calculator account for CPF LIFE?

Yes, optionally. Toggle 'Include CPF LIFE payouts' and enter your expected monthly payout (Full Retirement Sum ≈ S$1,780, Enhanced Retirement Sum ≈ S$3,440 for the 2026 cohort, Standard plan). The FI target your private portfolio needs to fund drops by the annualised CPF LIFE income.

What savings rate do I need to FIRE in 15 years?

Approximately 50% – 65% of take-home pay. The exact math depends on your return assumption — at 7% real, a 55% savings rate gives roughly 16 years to FI; 65% gives about 11 years.

What is Coast FIRE and Barista FIRE?

Coast FIRE means you've invested enough early that it will compound to your FI number by normal retirement age without adding another dollar — you only need to cover current expenses. Barista FIRE means you semi-retire and let part-time income bridge the gap before full financial independence.

Does CPF LIFE reduce my FIRE number?

Yes. CPF LIFE is a guaranteed income floor from age 65, so your private portfolio only has to fund your expenses minus the CPF LIFE payout. At the FRS that is roughly S$1,780/month and at the ERS about S$3,440/month (2026 cohort, Standard). Turn on the CPF LIFE toggle to model it.

What is sequence-of-returns risk?

The danger that poor market returns early in retirement permanently shrink a portfolio you're already drawing down. Common mitigations: a lower withdrawal rate (3 – 3.5%), a 1 – 3 year cash buffer, or cutting spending in down years.

Should I include my HDB flat or property in my FIRE number?

Generally no. Your home doesn't produce spendable income unless you sell, rent out a room, or right-size, so most Singapore FIRE planners exclude home equity from the investable assets that fund the 4% withdrawal.

What return rate should I assume for a Singapore portfolio?

A globally diversified equity/bond portfolio has historically returned about 5 – 7% a year nominal over the long run; subtract roughly 2 – 3% Singapore inflation for the real return this tool projects in today's dollars. Returns are not guaranteed.

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Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).