1844
3170
300,0005,000,000
050,000,000
Advanced Assumptions
310
615
26

Multiplier28.6× · Recommended for India: 3–3.5%

18% / 82%
Principal / Interest

Your FIRE Number

₹6,84,73,086

Monthly Savings Needed

₹1,11,939 /mo

Future Annual Expense

₹23,96,558

Current Corpus FV

₹1,19,91,604

Home Loan Interest Rates 2025
Lender CategoryInterest Rate (p.a.)Processing Fee
Public Sector Banks8.35% — 9.50%Low (Max ₹10k)
Private Sector Banks8.75% — 10.50%Medium (0.5% - 1%)
HFCs (Housing Finance)9.00% — 11.50%Medium (0.5% - 2%)
Note: Rates mentioned above are indicative market ranges for borrowers with a Credit Score > 750. Actual rates may vary based on your profile.

What is the FIRE Movement?

FIRE (Financial Independence, Retire Early) is a lifestyle movement with the goal of gaining financial freedom at a young age (often in the 30s or 40s) rather than the traditional retirement age of 60.

The core principle is aggressive saving (50-70% of income) and low-cost investing to build a Corpus that generates enough passive income to cover living expenses forever.

Types of FIRE: Which one are you?

TypeLifestyleCorpus Required
Lean FIREFrugal / Minimalist< 25× Expenses
Regular FIREStandard Lifestyle25× – 30× Expenses
Fat FIRELuxury Lifestyle> 50× Expenses
Barista FIREPart-time Work15× – 20× Expenses
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Core Concepts of FIRE

  • FIRE Number: The target corpus amount. Formula: Annual Expenses × 25 (or 30).
  • Safe Withdrawal Rate (SWR): The percentage of your corpus you can withdraw annually without running out of money (typically 4% globally, 3% in India).
  • Rule of 25: Based on the 4% SWR, you need 25 times your annual expenses invested to retire.

Safe Withdrawal Rate (SWR) in India

Is the 4% Rule Safe for India?
The 4% rule was designed for the US market. India has higher inflation (6%-7%). Therefore, many Indian financial planners recommend a more conservative withdrawal rate of 3% to 3.5%. This means you might need 33x your annual expenses instead of 25x.

How This Calculator Helps You

Reality Check

Know if your current savings rate is enough to retire by 45.

Inflation Impact

Expenses double every 10–12 years — this calculator adjusts for it.

Gap Analysis

Calculates the exact SIP needed to hit your FIRE goal.

FIRE Calculation Formula

The formula used to calculate your Financial Independence number:

FIRE=Annual Expenses×100SWRFIRE = \text{Annual Expenses} \times \frac{100}{SWR}

Where SWR is your Safe Withdrawal Rate (e.g. 3%–4%).

Why Pursue FIRE?

  • Freedom of Time: Control your schedule.
  • Reduced Stress: No dependence on a paycheck.
  • Purpose-driven Life: Work by choice, not compulsion.
Frequently Asked Questions

It depends on your savings rate. If you save around 50% of your income, FIRE can be achieved in roughly 17 years. With a 70% savings rate, it may take only 9–10 years.

Fincado Research Team

Fact Checked

Our analysis is built on deep-dive research into RBI Benchmarks and lender-specific disclosures. We verify every interest rate and fee structure against real-world borrower approvals to ensure the highest level of accuracy for Indian home buyers.

Verified: Jan 2026
Methodology: Data-Driven
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