SG FI Dashboard by Hybrid
Financial Independence is the point at which you have enough income from your investments to pay for your living expenses for the rest of your life, without having to work a traditional job. This dashboard helps you track your progress toward that goal.
CPF LIFE is a national annuity scheme that provides a lifelong monthly income in retirement. By entering your estimated CPF LIFE payout, you can accurately reduce the FI Target you need to achieve with your personal investments, as CPF LIFE will cover a portion of your expenses.
Use the official CPF LIFE Estimator →This is the total amount of investable assets you need to be considered financially independent. A common way to estimate this is the "25x Rule," which suggests you need 25 times your estimated annual expenses in retirement. This is based on the 4% Safe Withdrawal Rate.
Learn more about FIRE on Investopedia →The SWR is the percentage of your portfolio that you can withdraw each year in retirement without running out of money. The "4% Rule" is a popular guideline, suggesting that you can safely withdraw 4% of your initial portfolio value annually, adjusted for inflation. For example, if your FI Target is $1,000,000, a 4% SWR means you can withdraw $40,000 per year.
Learn more about the 4% Rule →Inflation is the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling. A 3% inflation rate means that something that costs $100 today will cost $103 next year. It's important to factor this in because it reduces the "real" return of your investments over time.
Learn more about Inflation →Your journey to financial freedom
Remaining to Goal
$1,900,000
Estimated Time to FI
23 years 10 months
Investable Assets
$100,000
FI Target
$2,000,000
Savings Rate
25.0%
Portfolio Income
$250/mo
Enter your financial information to check progress
Monthly Savings
Savings Rate
Progress
Path to financial independence with inflation adjustment