This site is running in BETA
This site is running in BETA
(Please submit any bug reports via our "Contact Us" page)

Roadmap

Read about future iterations of The UK FIRE Calculator


Current Version

Version 2.0.0 - 10th March 2024 Beta

Please Note: There may be some potential bugs!

  • Completely removed the database of FIRE data - Now your data is no longer saved in a database, and simply exists in a session on the server, with an expiry time of 2 hours. Nothing is stored by us, and your use of the calculator is now completely anonymous.
  • Cleaned up the look and feel, and removed the use of tabs on the home page, and put the calculator at the top of the home page, with the results below this towards the bottom of the home page.
  • Made the calculator results real-time, now that we no longer have the dependency of a database that needs updating.
  • Removed the following fields that were unnecessary (originally put in for a future feature that is yet to be implemented) - "Marital status", "Do you have kids", "How many kids do you have", "FIRE Strategy".
  • Removed the "Income tax bracket" field, and this is determined by the calculator itself.
  • Removed some unnecessary charts, which were taking up space without adding any additional benefit.
  • Removed the "Saving..." notification that appears after every input field is edited.
  • Implemented Mortgage overpayments on a monthly basis.

Previous Versions

Version 1.0.0 - 3rd March 2024

  • Model different FIRE Scenarios, allowing you to have options when it comes to your FIRE Strategy!
  • Calculate your FIRE number, using the "Rule of 25" and the "4% Rule".
  • Determine how many years it will be until you can "FIRE" (and retire!)
  • Extrapolated future financial FIRE data, to allow you to easily see where your finances stand, and what needs amending in order to reach your FIRE number sooner.
  • A very visual representation of your FIRE journey, using numerous charts and graphs!
  • Track your various income streams, including both your day job, alongside Buy to Let "passive income".
  • Track your monthly and annual expenses.
  • Keep track of your debt, including credit cards, various loan types, and any miscellaneous debts too.
  • Track your savings, whether it's a traditional savings account, a cash ISA, or a Lifetime ISA (LISA).
  • Track your emergency fund, and premium bonds.
  • Provide a visual representation of your investments, including S&S ISA's, and also any GIA's that you may have.
  • Track your cryptocurrencies (just Bitcoin and Ethereum, for the minute)...
  • Track your position of Gold and Silver.
  • A simple way of monitoring your various pension pots, which we will develop further, in future versions.
  • An age timeline, which provides a visual overview of the key milestones in your financial future.
  • The ability to download a spreadsheet of all your annual FIRE data, projected into the future.
  • The ability to download a PDF report, containing of all your FIRE data charts, providing clear transparency of your financial position.
  • A short summary paragraph of your FIRE circumstances, detailing your financial position.
  • An up-to-date blog, which delves deeper into the key aspects of the FIRE movement.
  • An RSS Feed.
  • A simple "Guide" to FIRE, along with a list of FAQs.
  • A sleek "Contact Us" page, where you can report bugs, request new features, or just make any general inquiries.
  • The ability to save (and edit), annual FIRE data.
  • Authentication, including sign up, log in, and forgot password.
  • Pretty and simple HTML email content.
  • A mobile-responsive layout, designed to work across all sized devices.

Future Versions

  • Improve speed/performance of the platform.
  • TBD for the minute...
  • Any feature requests, that we receive from users of the platform.

Issues

Version 2.0.0: Known Issues - March 2024

  • Mortgage Balance calculations currently only work for Fixed-Term Mortgages. Interest-Only/SVR Mortgages will be implemented as part of the next release! Future Feature

Bugs

Version 2.0.0: Known Bugs - March 2024 Beta

  • PDF Document Download on mobile, currently produces squashed chart image pictures. I'm working on a fix for this...

Release Cycle

Here we will list the details of our release cycle, including the upcoming "sprints", in which we intend to develop and release New Features and fix existing Bugs
We will update this page over the coming weeks! Thank you.