Question 1

What is a financial freedom number?

Accepted Answer

Your financial freedom number is the total corpus of invested wealth at which the returns from your investments cover your lifestyle expenses indefinitely, without you needing to work. Once you reach this number, money works for you instead of the other way around.

Question 2

How is the financial freedom number calculated?

Accepted Answer

The calculator projects your current monthly spend forward to your target freedom age using a lifestyle inflation rate (7% for INR/AED, 3% for USD). It then calculates the corpus needed so that an 8% annual return covers that inflated monthly spend, with a 3% real withdrawal rate to preserve capital. The result is the corpus you need on the day you stop working.

Question 3

How much corpus do I need to retire in UAE as an NRI?

Accepted Answer

It depends on your monthly lifestyle spend in UAE dirhams. As a rule of thumb, you need roughly 300-400x your monthly expenses as a corpus (accounting for inflation and a 3% withdrawal rate). For example, if you spend AED 25,000/month today and want to retire at 50, your freedom number is typically in the range of AED 15-25 million, depending on your current age and inflation assumptions.

Question 4

What is the FIRE number for NRIs?

Accepted Answer

FIRE (Financial Independence, Retire Early) number for NRIs is calculated the same way as the financial freedom number: the corpus needed for your investments to sustain your lifestyle. For NRIs in the UAE, this is typically calculated in AED with a 7% lifestyle inflation assumption. NRIs planning to return to India may calculate in INR with an 8% inflation assumption.

Question 5

Is this calculator free?

Accepted Answer

Yes, completely free. No sign-up, no email, no payment required. Enter 3 inputs and see your freedom number in under 60 seconds.

Question 6

Can I use this for INR, AED, and USD?

Accepted Answer

Yes. The calculator supports INR (Indian Rupee), AED (UAE Dirham), and USD (US Dollar), with currency-appropriate inflation assumptions and formatted outputs for each.

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