In this article, we break down how to calculate your FIRE number, along with other considerations, including consulting with a financial advisor, how to estimate your annual expenses in retirement ...

The first step in achieving FIRE is determining your FIRE number, or the amount of money you need to have saved to support your desired lifestyle without relying on traditional employment.

Your FIRE number is usually considered to be 25 times your estimated annual retirement costs, though this might not be enough for some. The FIRE movement isn't for everyone, so don't be ...

First, many calculate their FIRE number -- the amount they think they'll need to cover their retirement costs -- by multiplying their estimated annual expenses by 25. This is a popular strategy ...