Financial Freedom Calculator version 2: When can I retire?

Published on / By M. Pattabiraman Twitter: @pattufreefincal / 6 Comments

Published: April 15, 2016 at 6:34 am

Use this financial freedom calculator spreadsheet to answer questions like, “When can I retire?” and “When should I retire?” and hopefully understand the difference between them with minimal inputs.

For a given age and life expectancy, along with other standard investment and inflation details, the years to retirement is calculated by determining when the monthly income from the corpus is higher than monthly expenses.

This version is best suited for young earners  who are just starting out. An advanced Financial Freedom Calculator More ‘experienced’ earners and/or those with liabilities can try out the Financial Freedom Calculator.

Here is a screenshot (click on it to enlarge)

financial-freedom-calculator

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    The calculator computes the inflation-protected monthly income necessary each year in future from the retirement corpus accumulated. When such an income equals monthly expenses, financial freedom is achieved.

    Download the financial freedom Calculator

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      Pattabiraman editor freefincalDr M. Pattabiraman(PhD) is the founder, managing editor and primary author of freefincal. He is an associate professor at the Indian Institute of Technology, Madras. He has over nine years of experience publishing news analysis, research and financial product development. Connect with him via Twitter or Linkedin, or YouTube. Pattabiraman has co-authored three print books: (1) You can be rich too with goal-based investing (CNBC TV18) for DIY investors. (2) Gamechanger for young earners. (3) Chinchu Gets a Superpower! for kids. He has also written seven other free e-books on various money management topics. He is a patron and co-founder of “Fee-only India,” an organisation promoting unbiased, commission-free investment advice.
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