Financial Freedom Calculator

Learning to become an investor, rather than just a consumer, and starting to put your money to work is the way to your financial freedom. This calculator can help you determine how much you need to save and invest to reach your desired financial freedom goals. Try it out.

Enter your information

Please enter a value for this field

Please enter a value for this fieldAmericans are retiring later and later, especially entrepreneurs.

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Please enter a value for this field This should be the total of all your investment accounts, including 401(k)s, IRAs, mutual funds, etc.

$
Please enter a value for this fieldThis is the amount you invest each month. I recommend 15-20% of your net monthly income.

Please enter a value for this fieldThis is the return your investment will generate each year. Historically, the benchmark is the S&P 500 and it generates roughly 10% including dividends. It’s better to be conservative here (assume lower.)

ESTIMATED RETIREMENT SAVINGS:

how much

Do you know how much you need to retire the way you want?

Try the 3% Rule
how much

Not sure where to begin your investing?

Learn How

Initial Balance:

Contributions:

Growth:

What If I...

saving

SAVED AN EXTRA $850 PER MONTH.

Adds $850 a month in contributions, but creates in additional growth

coffee

GAVE UP DAILY COFFEE PURCHASES.

Adds $175 a month in contributions, but creates in additional growth

restaurants

GAVE UP WEEKLY RESTAURANT VISITS.

Adds $360 a month in contributions, but creates in additional growth

Investment Growth Over time

Monthly Schedule

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