The Ultimate Directory of FIRE Calculators

FIRE-Calculator-Directory - Cashflow Cop Police Financial Independence — (no. 022)

Contents

1 Straight to the Point
2 Why a FIRE Calculator Directory?
3 How to use the Directory?
4 The FIRE Calculator Directory

Straight to the Point

A directory of useful Financial Independence / Retire Early (FIRE) calculators and spreadsheets.
Currently has calculators and spreadsheets mainly from the US and UK.

Why a FIRE Calculator Directory?

In the process of making the original FI Checkpoint Test and the subsequent version 2.0 (FI Score Test), I did a bit of research to see what was already out there. Rather than all my notes go to waste, I thought I would create a directory for everyone.

Why Ultimate? I’ve not come across anything else like it and my aim to to continue to grow it.

There are so many spreadsheets and calculators out there. Many of them do the same things but they can present the data differently, ask for different variables or have different user interfaces.

You might like the way one calculator present things over another despite them both doing the same thing.

Some might even be better than others.

It makes sense to have a directory for them all.

The directory does not have a rating system. It is not my place to do so. Plus, it’s all very subjective. Most of them have been completed by people in their spare time and donated to the community for free.

So instead of ranking them, I have just listed them all in the order I found them, along with brief descriptions and a screenshot. It is very US heavy at the moment, with some representation from the UK and Canada. Nothing from other European countries or Asia at present, but that is down to how Google ranks the searches for me.

How to use the Directory?

The Ultimate Directory of FIRE Calculators should be pretty simple to use.

There is a search box and if you enter an asterisk “*”, it will show you my current favourite ones. These will likely change over time as my needs change.

Click on the name of the spreadsheet or calculator to take you to the author’s post with instructions on how to use it.

You can click on the screenshots to enlarge.

I have tried to be inclusive as possible and included what I could find out there. Some of the very, very basic calculators I have not included. If I have, I have not added others which does and presents things in exactly the same way.

Although the directory started off as solely for FIRE calculators, I have also included spreadsheets which I think might be useful for those pursuing FI.

Contact me if there is an entry you’d like me to add or if you create one yourself!

Also, let me know if the directory could be changed to make it more useful. If we end up with hundreds, then another column to help filter might help.

Finally, anything listed in the directory is not a personal endorsement from me. I have not tested them thoroughly. I make no guarantees as to the accuracy of these calculators or spreadsheets.

Embrace your inner nerd and have fun playing around with them!

Note: I’ve started to include a direct download link to some of the spreadsheets in the event the original blogger calls it a day and the their link stops working. If they were originally Google sheets, then I have converted them to Excel. As a result, some functionality may be lost. Always use the link in the name column first.

The FIRE Calculator Directory

No.	Name	Maker	From	Brief Info
1*	FI Score Test [FIST]	Cashflow Cop	UK	Provides a score and rank of your position on the paths towards FI. Also calculates the different ‘time to FI’ checkpoints / milestones. The calculator provides a gaming element to motivate you to go up the FI Policing ranks. Note – might seem big headed to favourite my own calculator, but as I designed it for my own use, it makes sense that it is the one I use the most! Also, it’s my blog, I can do what I want 😛
2*	When Can I Retire?	Engaging Data	US	A pre-retirement calculator which also provides visualisation and uses monte carlo simulation.
3*	Will My Money Survive Early Retirement?	Engaging Data	US	A post-retirement calculator which looks at longevity risk and also provides visualisation.
4	Retirement Monte Carlo Simulator	Feeding Our Fire	US	Retirement forecasting using Monte Carlo Simulation. Download the excel spreadsheet via the link on the page. Sign-up to their newsletter for the latest version.
5	FIRE Calculator	Financial Toolbelt	US	A simple calculator which also makes suggestions on how to retire faster.
6*	cFIREsim	The Crowdsourced FIRE Simulator	US	A Crowdsourced FIRE Simulator to test if your money will run out.
7	On Trajectory	On Trajectory	US	Partnership with cFIREsim. It is described as a ‘professional grade software retirement calculator”. I’ve not used this before, so if any of you have, please comment below.
8*	FIRECalc	FIRECalc	US	Provides a sense of just how safe or risky your retirement plan is, based on how it would have withstood every market condition we have ever faced.
9	The Flexible Retirement Planner	The Flexible Retirement Planner	US	A Monte Carlo powered financial planning tool. Available to download.
10	Optimum Retirement Planner	i-ORP	US	US focused – calculates: – The plan’s maximum, annual disposable income, instead of the plan’s final surplus or deficit. – The annual tax-efficient amount and order of withdrawals from retirement savings accounts. – Optimal, tax efficient IRA to Roth IRA partial conversions.
11	Pralana Retirement Calculator	Pralana Retirement Calculator	US	US focused – seems very powerful but I have not used it myself. Takes into account different state income tax, Medicare, Roth conversions, Monte Carlo Simulations amongst other things. Available in a free version or a paid for more sophisticated version. Observation – their website looks like it was made in the 90s!
12	New Retirement Planner	New Retirement	US	I’ve not used this myself, but seems fairly comprehensive and straight forward user interface. There is a free version, but also a paid for version.
13	yFIRECalc 2.0	Frugal Fringe	US	This unique take on a FIRE calculator looks at time rather than money. It illustrates how much time you are able to reclaim by reaching FIRE. Rather than simply exploring how, it looks at the why.
14	Mustache Calc	Mr Money Mustache	US	A simple calculator to calculate years to FI. No graphs, no simulations. Nothing fancy. Straight forward and easy to use.
15	FI Tracker	Mad Fientist	US	Similar to Mustache Calc but with graphs.
16	Ultimate Retirement Calculator	Financial Mentor	US	You tell it when you want to retire and it tells you how much you’ll need. The calculator appears simple but has lots of functionality.
17	Retirement Freedom Calculator	Millennial Money	US	A straight forward calculator with a few more inputs than Mustache Calc, but less than Ultimate Retirement Calculator. Sort of a middle ground.
18	Retirement Calculator	Nerd Wallet	US	A simple and slick looking calculator with easy to use interface.
19*	When can I retire?	Networthify	US	This was one of the first FIRE calculators that I used. I still like it because it’s simple with straightforward charts to illustrate the positive impact of a high savings rate.
20	Fire Age Calculator	Fire Age Calc	US	A basic calculator which calculates your FIRE age. Similar to Mustache Calc. No bells or whistles.
21*	ESI Scale FI Calculator	ESI Money	US	I like this one. It might seem like a basic calculator, but it breaks it down into three important components to read FI – Earn, Save and Invest. It also produces a chart.
22	FIRE Calculator	Money Mow	US	A simple calculator to work out when you can retire, similar to Networthify
23	The Early Retirement Spreadsheet	Budgets Are $exy	US	US focused – a spreadsheet which comes in a simple version and a modified version which has lots of variables to play around with.
24	Saving / Spending / Net-worth Tracker	The FIRE Starter	UK	A spreadsheet which tracks your savings, spending and net-worth.
25	The FI-o-Meter	The Escape Artist	UK	A simple calculator to work out the age at which your will be FI.
26	FI Calculator	Invest Wisely	Canada	A simple calculator to work out the age you will be FI using a slider based user interface.
27*	Retirement Calculator	Four Percent Rule	US	Seems to be a powerful retirement calculator with lots of fields to tweak with colourful graphs.
28	Early Retirement + Real Estate + Pension Spreadsheet	Hannah J.	US	US focused – spreadsheet to record real state, pension and FI age forecast.
29	Monster Retirement Budget	Robert R.	US	US focused – a spreadsheet which seems capable of factoring in lots of factors.
30	Early Retirement + Dividend Income + Passive Income Spreadsheet	Tawcan	Canada	Canada focused – another version of Budgets Are Sexy spreadsheet. This time factoring in dividend and passive income.
31	Early Retirement + Taxes/Distribution Simulations + Roth Ladder	Kate S.	US	US focused – another version of Budgets Are Sexy spreadsheet. This time factoring in American more stuff which I don’t understand. There are tabs for ROTH ladders and stuff, so if you know what that is about, then this spreadsheet is for you.
32*	Financial Life Plan	Wilfred Walters	US	A simple spreadsheet on one page which includes factors such as how long you hope to live for and how much you need to spend to have zero balance on the day you die. Like Budgets Are Sexy, I like this one.
33	The Budget / Net-worth Spreadsheet	Budgets Are $exy	US	A spreadsheet to record your budget and net-worth.
34	Pensions Calculator	Money Advice Service	UK	UK focused – calculated pension income at retirement. Like many conventional pension calculators, this one does not allow you to retire before 55! I thought I’d include it anyway because 55 is still classed as early.
35	Budget Control Spreadsheet	Monevator	UK	A simple spreadsheet to help you budget.
36	“How Long?” Investment Calculator	Candid Money	UK	UK focused – calculates how long it would take to grow your investment to a certain size.
37	FIRE Calc	Fin-Dee	UK	A FI calculator similar to Networthifi.
38	How much to invest in pension vs non-pension accounts?	u/monkeyarson	UK	UK focused – a spreadsheet to workout how much in a pension account vs accounts that could be accessed before retirement.
39	My Retirement Planner	Aviva	UK	UK focused – a calculator which works out different outcomes of your retirement plan by changing certain variables. Seems to be a really useful too, but as before, it take a conventional approach where the earliest you can retire is aged 55.
40	Rental Income Calculator	South Street	UK	UK focused – although not a FIRE calculator, I thought this would be useful to other property property investors out there. It works out the rental income, expenses and also comments on if the potential purchase could be a good investment. Appears to be in a testing stage of development at present.
41	Income Required to 100	The Money Principle	UK	Simple spreadsheet to calculate how much you need in retirement.
42	Coast FI Calculator	Poorer Than You	US	This simple spreadsheet works out when you will reach Coast FI. The author intends to update this and write a blog post to explain it all.
43	Rent vs Buy Calculator	Info For Investors	US	This calculator helps you decide if you should rent or buy, at least from a financial perspective.
44	4-Step Budget Template	Life After College	US	Sometimes the most useful things are the simplest ones. This is a budgeting spreadsheet which breaks it down to four steps. Direct DL
45	Financial Life on One Page (FLOP)	Christian PF	US	All the key financial information on one page. Direct DL
46	Personal Monthly Budget	My Money Shrugged	US	A detailed budgeting spreadsheet which also shows projected and actual balance. Direct DL
47	Net-Worth	My Money Shrugged	US	A simple net-worth tracking spreadsheet. Direct DL
48*	EOD Deluxe Budget 2.0	Enemy of Debt	US	This is a beast of a budgeting spreadsheet which uses zero-based budgeting principals. Direct DL
49	EOD Basic Budget 3.0	Enemy of Debt	US	A simplified budgeting spreadsheet version of EOD Deluxe Budget 2.0. Direct DL
50	Super Starter Budget	Savvy Spreadsheets	US	Super basic budgeting spreadsheet. Available in a free version and paid-for versions.
51	Savings Goal Calculator	Four Pillar Freedom	US	A simple calculator to find out how long it will take you to reach a certain savings goal.
52*	Investment Tracker Spreadsheet	FIRE v London	UK	A powerful spreadsheet to: 1 – Evaluating your asset exposure of your investment portfolio. 2 – Calculating your portfolio returns, in a unitised way. 3 – Integrating accounts from multiple brokers into one consistent portfolio. Direct DL
53	FI Calculator	Craig Hughes	UK	A recreation of the FI Laboratory made by “The Mad Fientist”. This version gives more control over things like inflation and future income. Google Sheets (recommended) Excel (conversion)
54	Retirement Calculator	Arrest Your Debt	US	A simple web-based interactive retirement calculator. Find out if you are on track to retire comfortably or if you need to increase your investment contributions.
55	The Saving Ninja Super Spreadsheet	The Saving Ninja	UK	An MS Excel spreadsheet which tracks monthly savings and provides stats.
56	Break Even Point Calculator	Camp FIRE	US	Calculates your Break Even Point. This is the moment at which you get to keep the money you make because you’ve finally met all of your financial obligations.
57	Time Currency Calculator	Camp FIRE	US	A simple calculator to work out how much time a potential purchase is going to cost you.
58	True Retirement Cost of Anything Calculator	Camp FIRE	US	Calculates how much more you need in your retirement fund if you were to have an additional regular expense.
59	FIRE Calculator	Camp FIRE	US	A simple FIRE calculator which allows you to adjust some of the assumptions.
60	Portfolio Slicer	Portfolio Slicer	US	A powerful free spreadsheet to track and record your investments.
61	DRiP Resources	Dividend Reinvestment Plan	US	A collection of various calculators and spreadsheets for dividend investors.
62*	Location FI Calculator	Nomadlist	US	A unique calculator which works out how early you can retire if you moved to another place. Another one of my favourites.
63*	How Rich Am I?	Giving What We Can	UK	A calculator which lets you know how rich you are compared to others in the world with the aim of inspiring more people to give.
64*	Healthy Life Expectancy Calculator	Goldenson Center at the University of Connecticut	US	FIRE is all well and good, but how long do we need our money to last for? Here’s a life expectancy calculator based on actuarial data. Note: treat it with a pinch of salt and perhaps file away as just a bit of fun!

Humans of FI

Cashflow Cop

Husband // Daddy x2 boys // Police Officer // Blogging about: Financial Independence ~ Work Optional ~ Retire Early. Here, I document our journey as a cop and military family aiming to reach FI by 40.
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