The Ultimate Directory of FIRE Calculators3 min read

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

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.NameMakerFromBrief InfoScreenshot
1*FI Score Test [FIST]Cashflow CopUKProvides 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 😛
My FISc Results Card - 2017-2018 - Cashflow Cop Police Financial Independence
2*When Can I Retire?Engaging DataUSA pre-retirement calculator which also provides visualisation and uses monte carlo simulation. Calculator 2 - Cashflow Cop Police Financial Independence
3*Will My Money Survive Early Retirement?Engaging DataUSA post-retirement calculator which looks at longevity risk and also provides visualisation.Calculator 3 - Cashflow Cop Police Financial Independence
4Retirement Monte Carlo SimulatorFeeding Our FireUSRetirement forecasting using Monte Carlo Simulation. Download the excel spreadsheet via the link on the page. Sign-up to their newsletter for the latest version. Calculator 4 - Cashflow Cop Police Financial Independence
5FIRE CalculatorFinancial ToolbeltUSA simple calculator which also makes suggestions on how to retire faster.
6*cFIREsimThe Crowdsourced FIRE Simulator USA Crowdsourced FIRE Simulator to test if your money will run out.
7On TrajectoryOn TrajectoryUSPartnership 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. Calculator 7 - Cashflow Cop Police Financial Independence
8*FIRECalcFIRECalcUSProvides 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.Calculator 8 - Cashflow Cop Police Financial Independence
9The Flexible Retirement PlannerThe Flexible Retirement PlannerUSA Monte Carlo powered financial planning tool. Available to download.Calculator 9 - Cashflow Cop Police Financial Independence
10Optimum Retirement Planneri-ORPUSUS 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.
Calculator 10 - Cashflow Cop Police Financial Independence
11Pralana Retirement CalculatorPralana Retirement CalculatorUSUS 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!
Calculator 11 - Cashflow Cop Police Financial Independence
12New Retirement PlannerNew RetirementUSI’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.
Calculator 12 - Cashflow Cop Police Financial Independence
13yFIRECalc 2.0Frugal FringeUSThis 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. Calculator 13 - Cashflow Cop Police Financial Independence
14Mustache CalcMr Money MustacheUSA simple calculator to calculate years to FI. No graphs, no simulations. Nothing fancy. Straight forward and easy to use. Calculator 14 - Cashflow Cop Police Financial Independence
15FI TrackerMad FientistUSSimilar to Mustache Calc but with graphs.Calculator 15 - Cashflow Cop Police Financial Independence
16Ultimate Retirement CalculatorFinancial MentorUSYou 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. Calculator 16 - Cashflow Cop Police Financial Independence
17Retirement Freedom CalculatorMillennial MoneyUSA straight forward calculator with a few more inputs than Mustache Calc, but less than Ultimate Retirement Calculator. Sort of a middle ground. Calculator 17 - Cashflow Cop Police Financial Independence
18Retirement CalculatorNerd WalletUSA simple and slick looking calculator with easy to use interface.Calculator 18 - Cashflow Cop Police Financial Independence
19*When can I retire?NetworthifyUSThis 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. Calculator 19 - Cashflow Cop Police Financial Independence
20Fire Age CalculatorFire Age CalcUSA basic calculator which calculates your FIRE age. Similar to Mustache Calc. No bells or whistles. Calculator 20 - Cashflow Cop Police Financial Independence
21*ESI Scale FI CalculatorESI MoneyUSI 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. Calculator 21 - Cashflow Cop Police Financial Independence
22FIRE CalculatorMoney MowUSA simple calculator to work out when you can retire, similar to NetworthifyCalculator 22 - Cashflow Cop Police Financial Independence
23The Early Retirement SpreadsheetBudgets Are $exyUSUS focused – a spreadsheet which comes in a simple version and a modified version which has lots of variables to play around with.
24Saving / Spending / Net-worth TrackerThe FIRE StarterUKA spreadsheet which tracks your savings, spending and net-worth.Calculator 24 - Cashflow Cop Police Financial Independence
25The FI-o-MeterThe Escape ArtistUKA simple calculator to work out the age at which your will be FI.Calculator 25 - Cashflow Cop Police Financial Independence
26FI CalculatorInvest WiselyCanadaA simple calculator to work out the age you will be FI using a slider based user interface.Calculator 26 - Cashflow Cop Police Financial Independence
27*Retirement CalculatorFour Percent RuleUSSeems to be a powerful retirement calculator with lots of fields to tweak with colourful graphs. Calculator 27 - Cashflow Cop Police Financial Independence
28Early Retirement + Real Estate + Pension SpreadsheetHannah J.USUS focused – spreadsheet to record real state, pension and FI age forecast. Calculator 28 - Cashflow Cop Police Financial Independence
29Monster Retirement BudgetRobert R.USUS focused – a spreadsheet which seems capable of factoring in lots of factors. Calculator 29 - Cashflow Cop Police Financial Independence
30Early Retirement + Dividend Income + Passive Income SpreadsheetTawcanCanadaCanada focused – another version of Budgets Are Sexy spreadsheet. This time factoring in dividend and passive income. Calculator 30 - Cashflow Cop Police Financial Independence
31Early Retirement + Taxes/Distribution Simulations + Roth LadderKate S.USUS 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.Calculator 31 - Cashflow Cop Police Financial Independence
32*Financial Life PlanWilfred WaltersUSA 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.
Calculator 32 - Cashflow Cop Police Financial Independence
33The Budget / Net-worth SpreadsheetBudgets Are $exyUSA spreadsheet to record your budget and net-worth.Calculator 33 - Cashflow Cop Police Financial Independence
34Pensions CalculatorMoney Advice ServiceUKUK 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.
Calculator 34 - Cashflow Cop Police Financial Independence
35Budget Control SpreadsheetMonevatorUKA simple spreadsheet to help you budget.Calculator 35 - Cashflow Cop Police Financial Independence
36“How Long?” Investment CalculatorCandid MoneyUKUK focused – calculates how long it would take to grow your investment to a certain size.Calculator 36 - Cashflow Cop Police Financial Independence
37FIRE CalcFin-DeeUKA FI calculator similar to Networthifi.Calculator 37 - Cashflow Cop Police Financial Independence
38How much to invest in pension vs non-pension accounts?u/monkeyarsonUKUK focused – a spreadsheet to workout how much in a pension account vs accounts that could be accessed before retirement.Calculator 38 - Cashflow Cop Police Financial Independence
39My Retirement PlannerAvivaUKUK 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.
Calculator 39 - Cashflow Cop Police Financial Independence
40Rental Income CalculatorSouth StreetUKUK 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.
Calculator 40 - Cashflow Cop Police Financial Independence
41Income Required to 100The Money PrincipleUKSimple spreadsheet to calculate how much you need in retirement.Calculator 41 - Cashflow Cop Police Financial Independence
42Coast FI CalculatorPoorer Than YouUSThis 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.Calculator 42 - Cashflow Cop Police Financial Independence
43Rent vs Buy CalculatorInfo For InvestorsUSThis calculator helps you decide if you should rent or buy, at least from a financial perspective.Calculator 43 - Cashflow Cop Police Financial Independence
444-Step Budget TemplateLife After CollegeUSSometimes the most useful things are the simplest ones. This is a budgeting spreadsheet which breaks it down to four steps.

Direct DL
Calculator 44 - Cashflow Cop Police Financial Independence
45Financial Life on One Page (FLOP)Christian PFUSAll the key financial information on one page.

Direct DL
Calculator 45 - Cashflow Cop Police Financial Independence
46Personal Monthly BudgetMy Money ShruggedUSA detailed budgeting spreadsheet which also shows projected and actual balance.

Direct DL
Calculator 46 - Cashflow Cop Police Financial Independence
47Net-WorthMy Money ShruggedUSA simple net-worth tracking spreadsheet.

Direct DL
Calculator 47 - Cashflow Cop Police Financial Independence
48*EOD Deluxe Budget 2.0Enemy of DebtUSThis is a beast of a budgeting spreadsheet which uses zero-based budgeting principals.

Direct DL
Calculator 48 - Cashflow Cop Police Financial Independence
49EOD Basic Budget 3.0Enemy of DebtUSA simplified budgeting spreadsheet version of EOD Deluxe Budget 2.0.

Direct DL
Calculator 49 - Cashflow Cop Police Financial Independence
50Super Starter BudgetSavvy SpreadsheetsUSSuper basic budgeting spreadsheet. Available in a free version and paid-for versions.Calculator 50 - Cashflow Cop Police Financial Independence
51Savings Goal CalculatorFour Pillar FreedomUSA simple calculator to find out how long it will take you to reach a certain savings goal.Calculator 51 - Cashflow Cop Police Financial Independence
52*Investment Tracker SpreadsheetFIRE v LondonUKA 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
Calculator 52 - Cashflow Cop Police Financial Independence
53FI CalculatorCraig HughesUKA 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)
Calculator 53 - Cashflow Cop Police Financial Independence
54Retirement CalculatorArrest Your DebtUSA 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.Calculator 54 - Cashflow Cop Police Financial Independence
55The Saving Ninja Super SpreadsheetThe Saving NinjaUKAn MS Excel spreadsheet which tracks monthly savings and provides stats.Calculator 55 - Cashflow Cop Police Financial Independence
56Break Even Point CalculatorCamp FIREUSCalculates 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. Calculator 55 - Cashflow Cop Police Financial Independence
57Time Currency CalculatorCamp FIREUSA simple calculator to work out how much time a potential purchase is going to cost you.Calculator 57 - Cashflow Cop Police Financial Independence
58True Retirement Cost of Anything CalculatorCamp FIREUSCalculates how much more you need in your retirement fund if you were to have an additional regular expense. Calculator 58 - Cashflow Cop Police Financial Independence
59FIRE CalculatorCamp FIREUSA simple FIRE calculator which allows you to adjust some of the assumptions.Calculator 59 - Cashflow Cop Police Financial Independence
60Portfolio SlicerPortfolio SlicerUSA powerful free spreadsheet to track and record your investments.Calculator 60 - Cashflow Cop Police Financial Independence
61DRiP ResourcesDividend Reinvestment PlanUSA collection of various calculators and spreadsheets for dividend investors. Calculator 61 - Cashflow Cop Police Financial Independence
62*Location FI CalculatorNomadlistUSA unique calculator which works out how early you can retire if you moved to another place.

Another one of my favourites.
Calculator 62 - Cashflow Cop Police Financial Independence

Further Reading:

FI Checkpoint 1.0 Voting Results: This is why I blog

Humans of FI

Our FI Plan

PS: Your life doesn’t magically change when you retire!, by Budgets are $exy

 

Humans of FI

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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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