Financial independence calculator
Find out how much capital you need — and how much to save each year.
Total capital needed = target income ÷ safe withdrawal rate. Additional capital required = total capital needed minus your existing investment capital grown at the stated rate. Annual savings are calculated using a future value of annuity formula, assuming contributions grow at the same rate above inflation. The growth rate and safe withdrawal rate used are assumptions for illustrative purposes only and do not represent guaranteed outcomes. Actual investment returns will vary and may be lower or higher than assumed. The value of investments can fall as well as rise. Your actual outcome will be affected by investment performance, the charges applicable to your investments, inflation and your personal tax position. Past performance is not a reliable indicator of future results. This calculator is intended for illustrative purposes only and does not constitute financial advice.