What is the FIRE number and how is it calculated?

Your FIRE number is the investment portfolio size needed to sustain your annual expenses indefinitely. It is calculated by multiplying your annual expenses by 25 (based on the 4% safe withdrawal rate). For example, if you spend $50,000 per year, your FIRE number is $1,250,000.

What is the 4% rule for retirement?

The 4% rule states that you can withdraw 4% of your portfolio in the first year of retirement and adjust for inflation each year, with a high probability of your money lasting 30+ years. It is based on the Trinity Study using historical US stock and bond returns. Some financial planners now recommend 3.5% for extra safety.

How much do I need to save each month to retire early?

The amount depends on your current age, target retirement age, current savings, expected investment returns, and annual expenses in retirement. Our FIRE calculator computes your exact monthly savings requirement. Generally, FIRE adherents save 50-70% of their income to retire in 10-15 years.

What is the FIRE number in Massachusetts?

Based on Massachusetts's median household income of $89,640, the FIRE number at a 4% withdrawal rate is $2,241,000 (25x annual income). Adjusted for Massachusetts's cost of living index of 135, the real purchasing power equivalent is $1,660,000.

How long does it take to achieve FIRE in Massachusetts?

At a 40% savings rate on Massachusetts median income, it takes approximately 24 years to reach a FIRE number of $2,241,000 (7% annual growth assumption). At 50%, that drops to about 22 years.

Is Massachusetts a good state for early retirement?

Massachusetts has a cost of living index of 135 (100 = national average). At 135, it is above the national average — a higher FIRE number is needed compared to lower-cost states. Massachusetts has a state income tax of 5% + 4% surtax on $1M+.

Not Financial Advice. CalcMoney provides calculators for educational and planning purposes only. Results are estimates and do not constitute financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Terms apply.

CALCMONEY // FIRE // MA

Massachusetts FIRE Calculator 2026

FIRE number in Massachusetts: $2,241,000 (25x median income). Cost of living index: 135/100. State income tax: 5% + 4% surtax on $1M+.

Calculate Your FIRE Date

FIRE Number (4% rule)

$2,241,000

Cost of Living Index

135/100

Median Income

$89,640

State Tax

5% + 4% surtax on $1M+

Years to FIRE in Massachusetts at Different Savings Rates

FIRE NUMBER: $2,241,000 — 7% ANNUAL RETURN — $89,640 MEDIAN INCOME

Savings Rate	Annual Savings	Annual Spend	Years to FIRE
20%	$17,928	$71,712	32 yrs
30%	$26,892	$62,748	27 yrs
40%	$35,856	$53,784	24 yrs
50%	$44,820	$44,820	22 yrs
60%	$53,784	$35,856	20 yrs
70%	$62,748	$26,892	18 yrs

FIRE in Massachusetts: Cost of Living Reality

MA FIRE CONTEXT

Massachusetts has a cost of living index of 135 relative to the US average of 100. This is above the national average. A FIRE portfolio in Massachusetts needs to stretch further. Many FIRE practitioners in MA plan for a higher withdrawal need or consider relocating to lower-cost states.

The 4% safe withdrawal rule suggests a FIRE number of 25x annual expenses. At Massachusetts's median income of $89,640, that is $2,241,000. However, if you plan to spend more (or less) than median income in retirement, scale the number accordingly.

Massachusetts taxes income at 5% + 4% surtax on $1M+. In FIRE, your primary income comes from portfolio withdrawals, dividends, and capital gains. Long-term capital gains in MA are taxed at the same rate as ordinary income, including IRA withdrawals. Factor this into your withdrawal rate planning.

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