JN World Wealth
Background

Financial Independence Calculator

Financial Independence (FI): To no longer have to set an alarm for a job you don't enjoy, ask permission for time off, or stay somewhere just because you need the pay cheque. Your money already covers your life, so from here work is something you choose to do, not something you're forced to.

See how your savings could grow into full financial independence anywhere in the world accounting for the taxes and other income that actually apply to your plan.

01  About you

1875

Includes all investable assets — General Investment Accounts, Stocks & Shares ISAs, Investment Bonds, and Pensions. Excludes property.

£
£0£3,000,000

After tax, before saving or spending

£
£0£500,000

A one-time payment you expect to receive at a future date, which will be added to your investable net worth — e.g. a property sale or inheritance.

Any surplus income (income minus expenses) is deemed to be invested and growing at your selected annual investment return

£
£0£500,000

A large expense outside of your annual expenses that will occur at a specific point in the future — e.g. property purchase, wedding, or school fees.

02  Growth assumptions

Your assumed annual return during the accumulation phase (before FI). After FI, we use a more conservative 4% p.a. as portfolios typically de-risk.

%
0%15%

Defaults to your current spending — enter it in today's terms, inflation at 2% p.a. is applied automatically

£
£0£300,000

At your projected FI age (59, 27 years from now), this is about £88,758/yr once inflation has been applied.

03  Country of financial independence

Overrides the resident-country rate above if you type your own

%

Life expectancy + 5yr buffer

 

United Kingdom: Income tax from 20% to 45% after the personal allowance (~£12,570). ISA withdrawals are tax-free; pension withdrawals taxed as income. 20% approximates a blended effective rate on a moderate withdrawal. This rate takes into account existing rates of income tax in United Kingdom and gives an average . you’re welcome to change it above if your own situation is different.

Your plan below is projected to age 86 — average life expectancy in United Kingdom is 81, with a 5-year planning buffer added. You're welcome to change that above.

04  Other income in FI

Rental income, Defined Benefit/Final Salary Pension income, State Pension income, part-time or spousal income — anything that will cover part of your spending once you're financially independent.

05  Leaving a legacy

Enter in today's money — we'll inflate it at 2% p.a. to future value (£0 by age 86). Investable assets only, excludes property and doesn't factor in any Inheritance Tax (IHT) that may be due.

£
£0£2,000,000
YOUR FI NUMBER

£2,014,602

Total wealth needed at age 59 in future money, accounting for 20.0% tax

39% savings rate — strong paceProjected through to age 86

Investment Breakdown

Current Net Worth£60,000
Annual Savings£33,000
Your FI Number£2,014,602
Projected FI Age59

Growth Over Time

£0£541,877£1,083,755£1,625,632£2,167,509FI · age 5932354045505560657075808586
Net worth
Required wealth

Other Income Timeline

SourceAmountFromToAt FI?
Pension£6,00060LifetimeAge 60

What would you like to do next?

Disclaimer: This calculator provides estimates for illustrative purposes only and does not constitute financial advice. Tax figures are simplified — an approximate effective income tax rate after typical personal allowances or tax-free thresholds, for an individual resident drawing a moderate income in retirement — and ignore specific reliefs, account/wrapper type, filing status and double-tax treaties. Life expectancy figures are approximate national averages (not individual projections) and are used only to set how far the plan is modeled. Sources: OECD and national tax-authority published income tax rates and personal allowances; UN/World Bank national life expectancy estimates; reviewed September 2026. Please consult a qualified financial adviser before making any investment decisions.

Questions? Email jnicholas@indigosca.com