FIRE Wealth Planner

Optimize your journey to Financial Independence and Early Retirement with UK tax rules

Your current age in years

Your target age for retirement

Your current pre-tax salary

Your annual bonus amount

Expected annual salary increase

Income Breakdown

Pre-tax Salary:£50,000
Annual Bonus:£0
Employee Pension:2,500
Employer Pension:£2,500
SIPP Contribution:0
Gross Income:£50,000
Less: Pension Deductions2,500
Taxable Income:£47,500
Income Tax:6,986
National Insurance:2,794.4
Student Loan:0
Post-tax Income:£37,719.6

Your current annual spending (cannot exceed post-tax income)

Expected annual real increase in spending, above inflation, to reflect lifestyle upgrades or changing needs. Leave at 0% if you only want spending to keep pace with inflation.