Finally found an easy way to calculate my FIRE number without messy spreadsheets
I've been trying to map out my early retirement timeline for months, but my Excel sheets were getting way too complicated. Trying to account for inflation, XIRR, and how to actually withdraw the money later without running out was giving me a headache.I randomly came across FIREpath (getfirepath.com) last week and it’s honestly a massive relief.
What I really like about it is that it doesn't just give you a single, intimidating net-worth number. It actually breaks your retirement down into a '4-bucket' strategy (liquid, growth, income, etc.), so you can see exactly how you'd safely pull money out every month. It also factors in things like future rental, passive income or dividends, which actually brought my target corpus down to something that feels way more achievable.
The biggest selling point for me, though, was privacy. I’m always skeptical about linking my bank accounts or uploading my portfolio details to some random cloud..If you’re also stuck in spreadsheet limbo trying to figure out when your investments will finally replace your salary, it's definitely worth checking out. Hope its useful for you all like its been for me! Cheers