This calculator models monthly contributions, compounded growth, passive income, and inflation-adjusted expenses over time.
M1 is the point where your portfolio's passive income fully covers your living expenses. At this milestone, you no longer need earned income to maintain your current lifestyle. You've achieved financial independence but may choose to continue working.
M2 is the point where your surplus passive income (after expenses) exceeds your monthly contributions. At this milestone, your portfolio grows entirely from investment returns—you no longer need to save additional money. You've achieved complete financial freedom.
Even modest inflation can significantly increase your target expenses over long horizons.