What is a FIRE calculator?

A FIRE calculator (Financial Independence Retire Early) helps you calculate when you can retire early by achieving financial independence. It factors in your current income, expenses, savings rate, investment returns, and calculates how many years until you reach your FIRE number (typically 25x annual expenses).

When can I retire as a physician?

Physicians can typically retire early (FIRE) in 10-15 years with aggressive saving rates of 50-70%. With a physician salary of $250K-$400K and expenses of $100K-$150K annually, you can achieve financial independence by saving $100K-$250K per year and reaching a FIRE number of $2.5M-$4M.

How much do I need to retire early as a doctor?

To retire early as a physician, you need 25-30x your annual expenses saved (the 4% rule). For example, if you spend $100K/year, you need $2.5M-$3M. If you spend $150K/year, you need $3.75M-$4.5M. Our FIRE calculator helps you determine your exact number and timeline.

What is the 4% rule for early retirement?

The 4% rule states you can safely withdraw 4% of your retirement portfolio annually without running out of money. This means you need 25x your annual expenses saved (100% ÷ 4% = 25). Our calculator uses this rule to determine when you can achieve financial independence.

How does the physician salary calculator work?

Our physician salary calculator compares total compensation packages including base salary, bonuses, benefits (PTO, CME, retirement matching, loan repayment), RVU production, and cost of living. It calculates your true take-home value and years to FIRE for each position.

Can nurse practitioners and PAs use this FIRE calculator?

Yes! Our FIRE calculator works for all healthcare professionals including physicians, nurse practitioners (NPs), physician assistants (PAs), and other advanced practice providers. Simply enter your salary, expenses, and savings to calculate your path to early retirement.

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Physician Salary & FIRE Calculator

Compare compensation packages, build your budget, and calculate your path to financial independence.AI-powered analysis • FIRE timeline • Budget planning

AI Analysis

FIRE Calculator

Visual Projections

Budget Builder

Compare Packages

Add at least 2 compensation packages to compare. Choose from real jobs in our database or create custom packages.

Budget & FIRE Planning

Build your comprehensive budget including student loans, mortgage, and monthly expenses to calculate your FIRE timeline.

Current Age

Monthly Budget Summary

Monthly Income

$25,000

Expenses

$3,200

Debt Payments

Monthly Savings

$21,800

(87.2% rate)

Student Loans

Total Balance

Interest Rate (%)

Monthly Payment

Mortgage

Principal Balance

Interest Rate (%)

Monthly Payment

Other Debt (Car, Credit Cards, etc.)

Total Monthly Payment

AI Analysis

Add at least 2 packages to enable AI-powered comparison

The Ultimate Physician Salary & FIRE Calculator

Make smarter career decisions with our comprehensive compensation calculator designed specifically for physicians, NPs, and PAs pursuing financial independence.

Calculate True Total Compensation

Don't just compare base salaries. Our calculator includes:

Base salary and annual bonuses
RVU-based productivity pay
PTO, CME allowances, and loan repayment
Retirement matching and health insurance value
Malpractice coverage and signing bonuses

FIRE (Financial Independence, Retire Early) Planning

Our advanced FIRE calculator helps you understand your path to financial independence:

Visual timeline showing asset growth over time
Student loan and mortgage payoff tracking
Customizable spending and savings assumptions
Expected salary growth modeling (3% annual raises)
Investment returns (7% annual growth)
4% safe withdrawal rate for retirement planning

Comprehensive Budget Builder

Build a complete financial picture with our detailed budget tool:

Debt Management: Student loans, mortgage, car payments with interest rates
Monthly Expenses: Housing, utilities, groceries, dining, transportation
Lifestyle Costs: Healthcare, childcare, entertainment, subscriptions
Financial Goals: Emergency fund, retirement contributions, FIRE target

AI-Powered Compensation Analysis

Get expert-level analysis comparing packages across multiple dimensions:

Total Compensation: Hidden value and long-term earnings potential
Work-Life Balance: Call schedules, burnout risk, lifestyle factors
Career Growth: Advancement opportunities and trajectory
FIRE Timeline: Years to financial independence for each package
Detailed Pros/Cons: Specific advantages and disadvantages
Scenario-Based Recommendations: Best choice for different priorities

Who Is This Calculator For?

Physicians (MD/DO) evaluating job offers
Nurse Practitioners comparing opportunities
Physician Assistants negotiating compensation
Medical professionals pursuing FIRE
Anyone planning early retirement through smart financial decisions

Start comparing packages above to make data-driven career decisions that align with your financial independence goals.