The total assets needed to fund your lifestyle indefinitely

Your FI Number is 25 times your annual expenses. It represents the amount of yielding assets you need so that a safe withdrawal rate (typically 4%) covers your spending. Once your yielding assets reach this number, you are financially independent.

How far along you are toward financial independence

FI Ratio measures your progress as a percentage. It compares the net value of your yielding assets against your FI Number. At 100% you have reached financial independence.

Projected time until you reach financial independence

A compound-interest projection that estimates how many years until your yielding assets reach your FI Number. It factors in your current yielding asset value, monthly savings, and expected growth rate. The fewer years remaining, the closer you are to FI.

The percentage of income you keep after expenses

Savings rate is the portion of your income that is not spent on expenses. A higher savings rate accelerates your path to FI because you both need less (lower expenses means a lower FI Number) and save more toward it.

Assets that generate returns and count toward FI

In FreedomTrack, only assets with a yield rate greater than zero count toward your FI progress. These are investments and assets that produce returns—like index funds, rental properties, or dividend stocks. Your primary residence or car, for example, would typically not be yielding assets even though they contribute to net worth.

Why not all assets count toward financial independence

Net worth includes everything you own minus everything you owe. But FI progress only considers yielding assets—those actively generating returns. A paid-off home increases net worth but does not produce income to cover expenses. FreedomTrack distinguishes between the two so you get an accurate picture of your FI readiness.

The assumed annual return used in projections

When an asset does not yet have enough historical data, FreedomTrack uses its expected growth rate for projections like Years to FI. You can set this per asset to reflect your assumptions—for example, 7% for a broad stock index fund or 3% for bonds.

Your at-a-glance FI overview

The Dashboard is your home screen. It shows your FI Ratio, FI Number, Years to FI, savings rate, and net worth in summary cards. At a glance you can see how close you are to financial independence and whether you are on track.

Track income and expenses with frequency normalization

The Cash Flow page lets you enter your income sources and expenses. Each entry has a frequency (daily, weekly, monthly, yearly) and FreedomTrack normalizes them to a consistent monthly or annual view. This feeds into your savings rate and FI Number calculations.

Manage assets, liabilities, and net worth

The Balance Sheet page is where you add and manage your assets and liabilities. Assets can be marked as yielding (with a yield rate) to count toward FI. Liabilities can be associated with specific assets to calculate net values. Your overall net worth and FI-relevant net worth are calculated here.

Monthly snapshots of your financial progress over time

The History page shows how your finances have changed over time with monthly snapshots. You can view trends in net worth, FI ratio, savings rate, and more across different time ranges. This helps you see whether your trajectory is improving.

What-if planning for different financial futures (Premium)

Scenarios let you model different financial futures. What if you increase your savings rate by 10%? What if you pay off your mortgage early? Create multiple scenarios to compare timelines and see how different decisions affect your path to FI. This is a premium feature.

Set and track FI goal milestones (Premium)

Milestones let you define intermediate goals on your path to FI—like reaching 25% FI, paying off a specific debt, or hitting a savings target. Track your progress and celebrate achievements along the way. This is a premium feature.

Connect bank accounts for automatic balance and transaction sync (Plus & Premium)

Account Linking lets you connect your bank accounts, credit cards, and investment accounts to FreedomTrack via Plaid. Once linked, balances update automatically and transactions are imported so you can generate expense and income entries without manual data entry. You can link accounts to specific assets or liabilities for accurate tracking. Plus subscribers can link 1 institution, while Premium subscribers can link up to 5.

Vote on and discuss upcoming features

The Feedback page is a community-driven board where you can submit feature requests, report issues, and vote on ideas from other users. Each item has a status—Open, In Review, Planned, Completed, or Declined—so you can see what the team is working on. You can also leave comments to add context or discuss ideas with other users.

AI-assisted setup to build your financial profile in minutes

When you first sign up, FreedomTrack offers a conversational onboarding experience. An AI assistant walks you through your finances—asking about your assets, income, and expenses—and creates entries for you automatically. Instead of filling out forms one by one, you simply describe your situation and the assistant builds your profile. You can also skip onboarding and add everything manually.

Protect your account with 2FA and security settings

FreedomTrack supports two-factor authentication (2FA) to add an extra layer of security to your account. Once enabled, you will need both your password and a time-based code from an authenticator app to log in. You can manage 2FA and other security settings from the Settings page.

Group and organize your assets by type

Asset categories let you organize your assets into logical groups—such as retirement accounts, taxable investments, real estate, or personal property. Categories help you see how your wealth is distributed and make it easier to manage a large number of assets.

Annual return percentage for an asset

The yield rate is the annual percentage return an asset generates. Setting a yield rate above zero marks an asset as a yielding asset, which means it counts toward your FI calculations. For example, a stock portfolio might have a 7% yield rate while a savings account might have 4%.

Expected annual increase in asset value

Growth rate (or appreciation rate) represents how much an asset is expected to increase in value each year. This is separate from yield rate—a rental property might appreciate at 3% per year (growth) while also generating 5% in rental income (yield). FreedomTrack uses growth rate in long-term projections.

Debts linked to specific assets

An associated liability is a debt tied to a particular asset—like a mortgage on a house or a loan on a car. When calculating the net value of yielding assets for FI, FreedomTrack subtracts associated liabilities. This gives you an accurate picture of how much of your yielding assets are truly yours.

How often an expense or income occurs

Each income or expense entry in FreedomTrack has a frequency: daily, weekly, bi-weekly, monthly, quarterly, or yearly. FreedomTrack normalizes all entries to the same time period so you can see accurate monthly and annual totals regardless of how you enter them.

Model loan and liability payoff schedules (Plus)

The Payment Calculator helps you understand how different payment amounts affect your debt payoff timeline. Enter a liability’s balance, interest rate, and monthly payment to see when it will be paid off and how much total interest you will pay. Experiment with higher payments to see how accelerating payoff changes your timeline. This is a Plus feature.