Financial Freedomlaptop charging Calculators

Basic Profile
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Please select financial freedom age
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Please enter a current monthly expenses
  

Pre - Financial Freedom Savings

Post - Financial Freedom
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Basic Profile

Fill in the basic details in the Basic Profile form to begin your financial freedom planning.

Select the numbering system (International or Indian – South Asian) and enter the following information:

  • Current Age
  • Financial Freedom Age
  • Life Expectancy (keep it set to 95 years)
  • Inflation Rate
  • Current Monthly Expenses

After entering all the details, click Save. Your data will be securely stored in your browser memory, allowing you to access it even after closing and reopening the browser.

Once the data is saved, please proceed to the next form titled “Pre - Financial Freedom Savings”.

Pre - Financial Freedom Savings

Pre - financial freedom savings are categorized based on risk and return. Investments are divided into high-security, low-return options such as Fixed Deposits (FDs) and Bonds, and higher-risk, higher-return options such as Mutual Funds and Equity.

Enter your savings details in the following order:

  • Saving 1: Current lump sum invested in FDs / Bonds
  • Saving 2: Current lump sum invested in Mutual Funds
  • SIP in FDs: Regular investments in low-interest instruments
  • SIP in Mutual Funds / Equity: Regular investments in higher-return instruments

This section will calculate your financial freedom corpus at financial freedom age based on the information provided.

Once the financial freedom corpus is calculated, you can add any additional income or expenses at financial freedom age to determine your final financial freedom corpus.

After completing this step, please proceed to “Post - Financial Freedom” to continue your planning.

Post - Financial Freedom

This section automatically takes the Financial Freedom Corpus calculated in the “Pre - Financial Freedom Savings” block. You may update this value if required.

The inflation rate and monthly expenses at financial freedom age, as entered or calculated in the “Basic Profile” block, are also fetched automatically. These values can be modified as per your needs.

Enter your expected portfolio return (for example, 6%, 7%, or 8%).

After completing this step, click on “Show Plan” to proceed to the “Financial Freedom Summary”.

Financial Freedom Summary

This section displays the final output of your financial freedom planning and provides a complete summary of your financial freedom finances.

It begins with key details such as:

  • Post - Financial Freedom Corpus
  • Current Monthly Expenses
  • Current Yearly Expenses
  • Current Age
  • Planned Financial Freedom Age

The summary then presents important post - financial freedom metrics, including:

  • First Monthly Withdrawal
  • First Year Withdrawal
  • Inflation Rate
  • Portfolio Return
  • Age Until Which Money Lasts
  • Satisfaction Rate

Finally, you can review a detailed financial freedom projection table showing how your corpus evolves over time.

You can also download the complete financial freedom summary report for your records.

What is Financial Freedom?

Financial freedom means having enough income from your investments or assets to cover your living expenses for life, without depending on a job or active work.

In simple terms, it means you work because you want to, not because you are forced to.

What Financial Freedom Means
  • Your regular expenses are covered by investments or passive income
  • You are not stressed about monthly bills or emergencies
  • Losing a job does not affect your lifestyle
  • You have the freedom to choose how you spend your time
What Financial Freedom Does Not Mean
  • It does not mean being rich or owning luxury items
  • It does not mean never working again
  • It does not mean zero effort or zero responsibility
Simple Example

If your monthly expenses are ₹40,000 (₹4.8 lakh per year) and you have ₹1.2–1.5 crore invested generating around 4% annually, your expenses are fully covered.

In that situation, you are financially free.

Financial freedom is when your money works harder than you do.

Importance of Financial Freedom?

Financial freedom is important because it provides control, security, and flexibility in life. It allows you to make decisions based on choice, not financial pressure.

1. Freedom from Financial Stress
  • Reduces anxiety about monthly expenses
  • Removes constant worry about income

Financial stability improves mental peace and overall well-being.

2. Freedom of Choice
  • Choose work you enjoy
  • Take career breaks when needed
  • Say no to unhealthy work situations

Money no longer controls your life decisions.

3. Security Against Uncertainty
  • Job loss or income instability
  • Health or family emergencies

Financial freedom acts as a safety net during uncertain times.

4. Better Quality of Life
  • More time for family and personal health
  • Ability to pursue hobbies and interests

Money supports your lifestyle instead of controlling it.

5. Dignity and Independence
  • No dependence on loans or external support
  • Greater confidence and self-respect

Financial freedom gives you control over your time, choices, and future.

Income after Financial Freedom?

When you stop working, your expenses should be covered by income that does not depend on your daily effort. These income sources usually come from investments and assets you have already built over time.

1. Investment Income
  • Mutual funds (through Systematic Withdrawal Plans)
  • Stocks and dividend income
  • Index funds and ETFs
  • Bonds and debt funds

This is typically the primary income source for most financially independent individuals.

2. Fixed & Predictable Income
  • Fixed Deposits
  • PPF, SCSS, and other government schemes
  • Pension or annuity plans

These sources provide stability and safety, especially during market volatility.

3. Rental or Asset-Based Income
  • Rental income from residential or commercial property
  • REITs (Real Estate Investment Trusts)

Asset income helps reduce dependence on market-linked investments.

4. Optional Semi-Passive Income
  • Small businesses with minimal involvement
  • Royalties or licensing income
  • Online products, content, or consulting

If my salary stops today, my investments and assets should continue paying my monthly bills.

Risk after Financial Freedom?

Even though this application accounts for inflation, savings, and growth, certain real-world risks can still impact your financial freedom plan if they are not managed separately.

1. Health-Related Risks
  • Major illness or long-term medical treatment
  • Unexpected healthcare expenses

These situations may force early withdrawal of investments. Health insurance and emergency funds are essential.

2. Income Disruption
  • Job loss or business slowdown
  • Temporary gaps in income

Emergency funds and diversified income sources help reduce this risk.

3. Debt & Financial Commitments
  • High personal loans or EMIs
  • Unplanned or excessive credit usage

Debt reduces the ability to invest consistently toward financial freedom.

4. Lifestyle & Life Changes
  • Increase in family responsibilities
  • Unexpected lifestyle upgrades or relocations

Regular plan reviews are required to stay aligned with goals.

5. Behavioral & Discipline Risks
  • Panic during market downturns
  • Inconsistent saving or investing habits

Long-term discipline is as important as financial planning.

Without Financial Freedom?

Not planning for financial freedom can lead to stress, dependence, and missed opportunities. Even if you earn well, without planning, you may face several issues.

1. Constant Financial Stress
  • Living paycheck to paycheck
  • Anxiety about bills, emergencies, and lifestyle

Lack of planning increases worry and reduces mental peace.

2. Dependence on Others
  • Relying on family, loans, or credit cards
  • Limited options for life decisions

Without financial independence, your choices are constrained.

3. Delayed Life Goals
  • Travel, home, higher education, or financial freedom dreams may get postponed
  • Compounding wealth is lost due to late investing

Planning late reduces the power of your money over time.

4. Vulnerability to Emergencies
  • Health issues, job loss, or economic downturns can create crises
  • Without savings or investments, recovery is difficult

Emergencies can derail life progress.

5. Working Without Freedom
  • You may end up working until financial freedom age without real choice
  • Working only for money does not guarantee happiness
  • Financial freedom allows you to work without pressure, helping you grow beyond limits and pursue passions

Ignoring financial freedom means sacrificing control, time, and the chance to live life fully.

Clarity today. Freedom tomorrow.

Know your numbers. Shape your future.