Barista FIRE Calculator

When Can I Retire?

FIRE, an acronym for "Financial Independence, Retire Early", is a movement that involves saving and investing money so that early retirement is possible via self-sustaining investment returns. Check our intro section first if you're unfamiliar with barista FIRE.

This version of our early retirement calculator has been specially tuned for barista FIRE. Enter your details into the fields below to estimate when you can retire and see how your net worth changes depending on when you retire.

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Preview: $ 1,234.56
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If you have questions about a field, simply hover your mouse over a field label to see more information. If you are on a mobile device, simply tap on a field label instead.
1 Enter your age and income/expense details.
Pre-Retirement Income and Expenses
From Age
To Age
2 Enter your net worth and investment details.
Allocation of Net Worth
Error, Total Allocation: 100 %
Annual Return
Barista FIRE Results View Explained Results

Years until Full Retirement0

Years Until Full FIRE

Full Retirement Age0

Full FIRE Age

Net Worth At Full Retirement$ 0

Full FIRE Number

Length of Barista Phase0 years

Full Retirement Delay Due To Barista FIRE0 years

* Tap on graph to show tooltip for detailed numbers at each age. Tap on y-axis to hide tooltip.
* The light grey dotted line above represents what your net worth would be if you stay at your original job and not go ahead with the barista fire job. It serves as a point of reference to compare with.
* The graph above is a stacked line graph where each section is stacked on top of each other with the exception of any dashed lines. Your net worth at each year is the combination of your initial amount, your savings amount, and your returns amount.
Detailed Breakdown
Touch and drag horizontally to see entire table
Age Income Expenses Savings Investment Returns Expected Retirement Spending* Change in Net Worth Net Worth Amount Needed

* Note about the "expected retirement spending" column. If your withdrawal rate is lower than your investment return rate (which provides a margin of safety), retirement is not at the point when returns fully cover expenses, but some time after.

Summary of Results for Barista FIRE

The results below are based on the default values above. Enter your own values into the retirement calculator above to get your own personalized and interactive results estimating when you'll be able to retire along with a detailed summary down here.

Given the income and expenses that you've provided, your annual savings rate will be 0 % per year before your barista FIRE age and will be 0% per year after your barista FIRE age.

For retirement, if you currently expect an annual spending of 0 and are targeting a withdrawal rate of 0 of your net worth each year for your spending, the estimated initial amount you'll need is 0. This needed amount is calculated by taking your retirement spending and dividing by your withdrawal rate. Within the FIRE community, this amount is often called the FIRE number, FIRE amount, or FIRE target.

However, since you have specified a positive value for inflation, which increases how much things cost with time, your expenses and expected retirement spending will increase with time too. As a result, the net worth you'll need in order to retire will also increase with time. Essentially, it has become a moving target.

That being said, if you want simpler calculations and want to stick with the simplified way of thinking about how much money you'll need (with it being a singular non-changing number) or are certain you can control your retirement spending to be the same every year, simply enter 0% for the inflation field. If you want inflation to affect only your expenses and not your expected retirement spending, enter 0% for inflation, but enter the inflation rate into the growth field for the rows that correspond to your expenses.

However, since you have specified a negative value for inflation, which means deflation and decreases how much things cost with time, your expenses and expected retirement spending will decrease with time too. As a result, the net worth you'll need in order to retire will also decrease with time. Essentially, it has become a moving target. That being said, if you want simpler calculations or are certain your retirement spending will be the same every year, simply enter 0% for the inflation field. If you want deflation to affect only your expenses and not your expected retirement spending, enter 0% for inflation, but enter the deflation rate into the growth field for the rows that correspond to your expenses.

By considering the details that you've provided and calculating when your net worth reaches the amount needed for retirement, we estimate that, via barista FIRE, you'll be able to fully retire in 0 years at the age of 0 with a net worth of 0. From your given barista age of 0, this means that the partial retirement barista phase will last 0 years until your full retirement age of 0 comes along.

For the sake of reference, if you forgo barista FIRE and continue as normal staying at your original job past your barista FIRE age, you would instead be able to retire in 0 years at the age of 0. In other words, barista FIRE delays full retirement by 0 years. That being said, this delay is not necessarily a bad thing since the whole premise behind barista FIRE is to make an even earlier partial retirement possible by delaying full retirement.

Through the graph above, you're able to see how much higher a net worth you'll be able to attain if you delay retirement for a couple years which can provide extra safety and help decrease the chance of running out of money in retirement.

Feel free to try adjusting your details above to see what happens given different scenarios!

After going through the calculations with the details you've provided, unfortunately, a successful early retirement through barista FIRE that only relies on investments for retirement spending does not seem possible. Your estimated future net worth never reaches the amount needed for retirement. The graph above should show how close or how far away you are.

Don't fret though. Some ideas you can try include entering a later barista age to start barista FIRE, lowering your expenses, increasing your income, seeking out new forms of income, or lowering your expected retirement spending. When thinking about expected spending in retirement, don't forget about social security which will help cover some costs and lower the expected spending you'll need to cover yourself.

Try adjusting your details above to see what happens given different scenarios.

To learn more about Barista FIRE and our calculator, continue reading below!

Early Retirement Calculators

Investomatica's Barista FIRE Calculator

Mobile friendly and easy to use web application

  • A modern, clean and dynamic interface that's easy to use and also works just as well on mobile phones as it does on desktop computers. Our web application is also completely free to use.

Flexible and customizable

  • With a fine tuned balance between flexibility, customization, and usability, our barista FIRE calculator supports an extremely wide variety of possible scenarios while ensuring uncompromised ease of use.
  • Want to see how a large one time purchase or windfall will impact your timeline? Perhaps you're interested in how additional income from a temporary side hustle will help out? Our calculator supports all this and much more.

International support

  • Designed with a global design philosophy, our barista FIRE calculator can be used regardless of where you're working and saving, whether that be locally or as an expat in an international location.

Automatic calculations and saving

  • Our barista FIRE calculator will automatically calculate and re-calculate as you enter and change values.
  • Visit often? Our calculator saves you time by automatically saving your last entered numbers and options so you can pick up right where you left off. Note that all data is only stored locally on your browser. If you want to reset the calculator, there's a handy "reset calculator" button. Alternatively, clearing your browser cache works too.
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Special notes

  • This calculator is only meant to simulate pre-retirement. The data shown after your estimated retirement age serves to illustrate how much higher your net worth would be if you continue working and serves as a point of reference. For example, one common question is "what would my net worth be if I work just a couple years longer".
  • This depends on where you're located, but most jobs will incur income tax that is automatically withheld and taken out by your employer. The income fields in this calculator expect numbers that represent what your income is after tax. If you're considering switching to a new job for a higher salary, but aren't sure what the income will be after tax, check out our income tax calculators. You'll get an estimated take home pay number with which you can plug into this early retirement FIRE calculator.

Frequently Asked Questions

What is barista FIRE?

Barista FIRE is a unique subset of the FIRE movement that adds in a partial retirement phase that involves switching to an easy and low stress job with lots of free time while waiting for full retirement. This calculator estimates when you can retire and the amount of money needed for early retirement.

Is barista FIRE possible for me?

Whether or not barista FIRE is possible depends on a lot of factors including your income, expenses, savings, and investments. Making use of a calculator to estimate different scenarios is a good idea.

Quick overview about Barista FIRE

Barista FIRE is a subset of the FIRE movement that adds in a partial retirement phase before full retirement. This partial retirement phase would involve a switch to a job that is easier than your current job and allows for more free time. Some envision working as a part time barista in a coffee shop, hence the name. That being said, this isn't limited to working as a barista. You can substitute this for any lighter job you find suitable.

Although you'll be able to partially retire at an earlier age, the trade off is that full retirement is delayed as a result of the lower income from the easier job. For many, this is totally worth it as they find the easier job to not be a nuisance in any way. In fact, many like a more gradual approach to retirement as opposed to an abrupt one where you immediately quit and stop working all together. The lighter job, which may be a part time one, serves as an anchor point for many that provides continued social interactions and community bonding.

This version of our early retirement calculator is specially tuned to add in a partial retirement phase via a lighter job and show the effects this has on your overall timeline.

If you want to learn even more, Financial Samurai has a great article about Barista Fire here.

Expected annual spending in retirement

In order to estimate your expected annual spending in retirement, you need to think about what kind of lifestyle you want. There are also age dependent factors as well. Depending on the age at which you retire, medicare and other government benefits may be available for you and help lower costs. Social security may be available and the income from that will help cover some spending. If you will have a pension, that will further help to lower the amount of spending you yourself have to cover with your own savings. Additionally, if you have a mortgage, if may be fully paid off by retirement, so you might no longer have mortgage payments by then. These are just a few examples, but it's important to note that spending in retirement may be lower than what you expect at first glance.

Amount needed for retirement

The amount of money you'll need for retirement is calculated by dividing your expected annual spending in retirement by your chosen withdrawal rate. Financial independence and full retirement is possible when your net worth surpasses this needed amount.

Participants in the FIRE movement call this needed amount the FIRE number, FIRE amount, or FIRE target.

Annual withdrawal rate in retirement

When in retirement, what will ultimately pay the bills is your saved money and investments. In other words, you'll have to withdrawal a small portion of your net worth each year to pay off expenses. So the withdrawal rate you choose heavily affects when you'll be able to retire.

Assuming your net worth stays intact, a high annual withdrawal rate will mean a lower net worth is required for retirement while a low annual withdrawal rate will mean a higher net worth is required. While we can on purposely choose a higher withdrawal rate, we also need our investments to back this up. If you withdraw money from your net worth faster than it can grow, your net worth won't stay intact and will dwindle with time. So there's a fine balance that must be taken here.

There have been many studies on different withdrawal rates. One of the most well known research publications was written by three professors from Trinity University in 1998. Informally, this study is called the Trinity Study. The goal was to identify the probability of successful retirements given different withdrawal rates. Long story short, their research suggested that withdrawal rates between 3% and 4% were extremely unlikely to exhaust any portfolio of stocks and bonds during periods of 15 to 30 years. As a result, many like to think of 4% as being a relatively safe withdrawal rate.

How does inflation affect early retirement?

Inflation is a phenomenon that raises the cost of things over time while deflation lowers the cost of things over time. Our calculator shows all results in current dollars for intuitive and easy to understand results.

What most people expect to spend in retirement is based on how much things cost now. With inflation, things will cost more in the future, so your expected lifestyle in retirement will also cost more in the future. This then affects the amount of money needed. In other words, the amount of money you'll need for retirement will change with time.

Ultimately, inflation has a negative impact on finances and delays retirement. You'll either need your income and investments to keep up or take efforts to reduce and control spending so that the effects of inflation are limited.

Note that inflation can rise and fall with time as well. The inflation field in our calculator expects an average inflation rate.


  • The numbers and results produced are simply estimates based on the values that you have provided. Future results are not guaranteed.
  • Our content is neither retirement advice nor financial planning advice. Everything is strictly for educational purposes only.
  • It is your responsibility to conduct your own due diligence or consult with a licensed financial advisor before making any decision or taking on any action.

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