Financial Freedom Calculator

Posted In: Financial Independence |



The freedom retirement calculator calculates the number of freedom days per year your retirement savings would provide 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 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”?


Also calculated is the 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:
http://engaging-data.com/freedom-calculator/?sav=500000&spend=40000&wr=3.3
you can save and share specific instances of a calculation.

 




2 Comments »


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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