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Categories => Personal Finance & Investing => Topic started by: Hemant on Apr 01, 2026, 12:09 PM

Title: How to decide the magic FIRE number?
Post by: Hemant on Apr 01, 2026, 12:09 PM
I've been lurking in this sub for a while and I'm wondering—how do you forecast inflation, medical expenses, kids' higher studies, longevity, etc.? Where should I start? Any books or resources I can refer to learn more? Are there any formulas? TIA
Title: Re: How to decide the magic FIRE number?
Post by: Chiranjit on Apr 01, 2026, 12:09 PM
https://fiindia.gitbook.io/wiki/
Title: Re: How to decide the magic FIRE number?
Post by: Rajat on Apr 01, 2026, 12:09 PM
There are plenty of online calculators. As a rule of thumb, aim for about 35‑50 times your first‑year retirement expenses.
Title: Re: How to decide the magic FIRE number?
Post by: Jayant on Apr 01, 2026, 12:09 PM
Did you not even lurk through the wiki?

Or are you expecting everyone to spoon‑feed you the formulas?
Title: Re: How to decide the magic FIRE number?
Post by: Shivendra on Apr 01, 2026, 12:09 PM
When my passive income exceeds the amount I need for a healthy, comfortable lifestyle.

In my case, a passive income of USD 39,000 from my dividend portfolio lets me FIRE whenever I choose.
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