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Compound Interest | WIRE | FIRE | FEES | Switching funds | FOREX | Death Costs

Want to find out how long it will be before you can be on holiday full time? Enter the details below to see when you can be FIREd not fired of course, unless you feel like it, but rather Financially Independent and Retired Early. More details here.

Complete the following to calculate your time to FIRE



Net monthly income (after tax and deductions) 
Amount saved per month 
How much you already have 
 
 
What you earn:   R45 000
What you spend:   R30 000
What you save:   R15 000
Savings rate:   33%
Amount needed to be FI:   R9 000 000
Minus what you already have:   R6 750 000
How much more to save:   R2 250 000
It will take you 4 years and 0 months to reach FIRE! 
Can you see the finish line yet?
 
Apparently I need a disclaimer here: This information is not advice as defined and contemplated in the Financial Advisory and Intermediary Services Act, 37 of 2002, as amended. Please only use this information as a guide, it is an indicative calcualtion only. Do not base any decisions on it without getting proper advice from someone with a license to advise!
 
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