Draupne
When can I retire?
Estimate when your savings could cover your living costs. Start with your income, expenses and portfolio, then explore how the assumptions change your retirement timeline. Your numbers stay in your browser. This is an estimate, not financial advice.
Waitlist
A version with your country's own tax rules is planned. There is no date for it yet.
You can get one email about the planned version for other countries. No newsletter, and nothing shared with others.
Work it out yourself
Start with your annual income after tax, annual spending and invested portfolio. More numbers holds the optional assumptions. The calculation runs in this browser, and nothing you enter is sent anywhere.
The ring that drips gold
In Norse myth, Odin's ring Draupnir drips eight new gold rings every ninth night: wealth that grows by itself. Draupne estimates when your own ring could close, the year your savings might be enough to carry you.
The calculator starts with three numbers and simple assumptions. Additional taxes and pensions are not included. A version with your country's own rules is planned. The blog looks at what others have done and found, with every source shown: Blog
Living in Norway? The calculator with Norway's tax rules is in Norwegian: Draupne in Norwegian
Latest articles
- FIRE outside the US: which parts of the maths travel, and which don'tSavings rate and the 25× multiple are arithmetic and work in any currency. The 4% figure, untaxed withdrawals and the pension ages come from US history and US law. The 5% return is one blogger's assumption. All of them change by country and period.
- Does the 4% rule work outside the US? What a century of data from 19 countries foundIn Wade Pfau's test of 19 countries since 1900, a 4% inflation-adjusted withdrawal ran out within 30 years for some start years in every country. With 50/50 stocks and bills, the highest rate that survived every start year ranged from 3.96% (US, Canada) down to 0.26% (Japan).
- Savings rate and years to financial independence: the arithmetic in any currencyThe share of take-home pay that is saved sets most of the years to financial independence, whatever the currency or income. One table from 10% to 70% at three real returns, with the working one click away.
Who owns and publishes Draupne, and how the articles are made: About Draupne