Countdown to financial independence
Financial Independence, Early Retirement AKA FIRE is when you have enough passive income from your investments to fund your lifestyle.
At this point, your finances are "independent" from your job and you may choose to pursue more meaningful work, even if the pay is less or even nothing.
This calculator helps you determine when you might reach FIRE. It assumes you are investing the difference between your net income (after taxes) and your living expenses.