Interest in the FIRE movement surged from 24% to 37% of Americans in the past year. Gen Z hopes to retire at 54. But $1.28 trillion in credit card debt tells a different story.
The FIRE Math at Different Incomes
Your FIRE number = Annual expenses × 25. At $40K/year spending: $1M. At $60K: $1.5M. At $100K: $2.5M.
Savings Rate Is Everything
A 20% savings rate = ~37 years to FIRE. A 50% rate = ~17 years. A 70% rate = ~8.5 years. Income matters less than the gap between earning and spending.
Calculate Your Number
Use the FIRE Calculator for your personalized timeline. Already halfway? Check the Coast FIRE Calculator. The 4% rule underpins all of this.
Read: FIRE Movement Complete Guide.
Track your FIRE milestones in Richify. App Store | Google Play
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