Hobo Finance

Financial independence

Enter your yearly spending to see the pot you need and the years it takes to save it.

Share of the pot you spend each year. 4% is the usual starting point.

Year by year

Hover or tap a bar to see that year.

Show the figures for every year

How this is worked out

  • The pot you need. Yearly spending divided by the withdrawal rate. At 4%, that is 25 times what you spend in a year.
  • The time it takes. How long your monthly investing takes to grow to that pot.
  • Use a return after inflation. That keeps every figure in today’s money.
  • Where 4% comes from. Studies of 30-year retirements in US markets. A longer retirement or different markets may call for a lower rate.