Financial Freedom Calculator

Posted In: Financial Independence

The goal of the freedom calculator is to let you know how close to financial independence (i.e. freedom) you are, measuring your progress in terms of freedom days.  The key determinants for retirement are total retirement savings and annual spending.

Freedom days refers to the number of days that your retirement savings could sustain you (without working) each year (indefinitely) at your current spending level. Once you reach 365 freedom days per year, you’ve got enough money saved up to never have to work again. The freedom date then tells you the date through which your retirement savings would support you each year.  For example, if you have 100 freedom days then your spending could be covered through April 10th, each year.

How close are you to 365 “freedom days”?

The calculator also shows how much you will need to acquire (through savings or investment growth) to add one additional freedom day.

Update 1/4/2018: updated code so that if you modify the URL, like so:
you can save and share specific instances of a calculation.


Calendar Update: 1/22/2018: made a new version of the graph, which looks like a calendar to visualize the number of days of freedom you have achieved (and checked off), and how many more you have to go.


2 Responses to Financial Freedom Calculator

  1. Amber says:

    I love this calculator! I found a link for it on a MMM sub-forum. It just visualizes everything that we are trying to accomplish and puts it in bite size chunks.

    Thank you so much, I can’t wait to show my husband.

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