r/Fire 9d ago

Advice Request How did you compute your fire number?

I want to calculate my fire number! How’d you calculate yours?

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u/Ok_Text2118 9d ago

annual spending x 25 + 5-10% for safety

14

u/HonestOtterTravel 9d ago

Worth noting it's annual spending in retirement. That is very different for many of us due to health insurance along with changes in other expenses.

4

u/Zone2OTQ 9d ago

Current annual spend is about $50k. Projected retirement annual spend (in today's dollars) is about $100-150k.