FIRE Dividend Retirement Calculator
How many years until your dividends cover your expenses? Build a custom portfolio, set your FIRE target, and see your personalized path to financial independence — powered by real dividend stock data.
Start with a model portfolio or add your own stocks. Toggle DRIP per stock, import from your brokerage, and see year-by-year projections that update in real time. All data is free — no signup required.
FIRE Settings
How much monthly dividend income covers your expenses?
How much can you invest each month?
Social Security, pension, side income — reduces your dividend target.
Quick Start — Model Portfolio
Total amount to invest — distributed across the model portfolio.
Add Stocks
Search any stock or ETF to add it to your FIRE portfolio. Set shares to see projections. Sign in to import from your dashboard portfolios.
Stop recalculating — track it live
This calculator estimates when your dividend income could cover your expenses. Connect your brokerage to REWD and this updates automatically as your dividends are paid — no re-running the numbers by hand. Free to start; automatic brokerage sync from $9.99/mo.
What's your FIRE number?
| Annual spending | 4% rule | 3.5% rule | 3% rule |
|---|---|---|---|
| $40,000/yr | $1,000,000 | $1,142,857 | $1,333,333 |
| $50,000/yr | $1,250,000 | $1,428,571 | $1,666,667 |
| $60,000/yr | $1,500,000 | $1,714,286 | $2,000,000 |
| $80,000/yr | $2,000,000 | $2,285,714 | $2,666,667 |
| $100,000/yr | $2,500,000 | $2,857,143 | $3,333,333 |
| $120,000/yr | $3,000,000 | $3,428,571 | $4,000,000 |
How much money do I need to retire early?
The standard estimate is 25 times your annual spending — the 4% rule. A household spending $60,000 a year needs $1,500,000; at $100,000 a year the number is $2,500,000. Retiring decades early argues for a more conservative 3–3.5% withdrawal rate, which raises those figures to roughly $1.7–2 million and $2.9–3.3 million respectively. Dividend-focused investors often target the point where portfolio income covers spending directly, so withdrawals never touch principal at all.
What is the 4% rule for early retirement?
The 4% rule comes from the Trinity study of historical US market returns: a retiree who withdrew 4% of a balanced portfolio in year one, then adjusted that dollar amount for inflation each year, almost never ran out of money over a 30-year retirement. Inverted, it says your portfolio should be 25 times annual spending — $40,000 of spending calls for $1,000,000 ($40,000 × 25). Because the study only tested 30-year periods, early retirees planning 40- to 50-year retirements often step down to 3.5% (28.6 times spending) or 3% (33.3 times spending) for extra margin.
How long will $1 million last if I retire early?
It depends almost entirely on spending. Drawing $40,000 a year from a $1,000,000 portfolio is a 4% withdrawal rate, which historically survived 30-year retirements in the vast majority of market sequences. Drawing $50,000 a year is a 5% rate, which failed in a meaningful share of historical 30-year periods — generally too aggressive for a retirement measured in decades. At $30,000 a year, a 3% rate, a $1,000,000 portfolio historically outlasted every 30-year window and usually kept growing. Dividend-focused retirees add a further buffer by spending portfolio income rather than selling shares.
Is my FIRE number based on income or spending?
Spending, always. A household earning $150,000 but living on $60,000 needs $1,500,000 at a 4% withdrawal rate ($60,000 × 25) — salary never enters the formula. That is also why cutting expenses is doubly powerful: each $1,000 trimmed from annual spending frees $1,000 to invest and shrinks the target by $25,000 at 4% (or $33,333 at 3%). Track spending for a full year before locking in a FIRE number; underestimating it by even $5,000 understates the target by $125,000.
This tool is for educational and informational purposes only and does not constitute investment, financial, tax, or legal advice. Consult a licensed professional before making investment decisions.
Past performance does not guarantee future results. All projections are hypothetical estimates based on user-provided inputs and may differ materially from actual outcomes.
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