Review & Update Policy

How we maintain accuracy across 63 FIRE calculators

Our Commitment

TorchFI calculators are used by people making real financial decisions. We are committed to accuracy and transparency. Every calculator is built on peer-reviewed financial research and industry-standard formulas. We maintain a public changelog of every data update below, and we welcome corrections — if you spot an error, please contact us and we will investigate within 48 hours.

Review Schedule

Annual Data Refresh (October–November)

Each year after the IRS releases new contribution limits (typically October), we update every calculator default value and country-specific financial number to reflect the upcoming year's rates. This includes:

  • US 401(k), IRA, HSA, Solo 401(k), and catch-up contribution limits
  • Social Security wage base and COLA adjustments
  • Country-specific superannuation, pension, and tax-advantaged account limits (AU, UK, CA, JP, KR, etc.)
  • US federal and state income tax brackets

Ad-Hoc Corrections

Between annual refreshes, we immediately correct errors when they are reported or discovered. Each correction is logged in the changelog below with the date and source of the new figure.

Testing Protocol

Core financial formula functions (fireNumber, compoundInterest, safeWithdrawal, etc.) have automated tests in test-finance.mjs. Tests verify calculations against hand-computed benchmark values. We are actively expanding test coverage to 63 calculators.

Last Review Dates

Each category shows when its default values were last verified against current 2026 data:

Category Last Reviewed Next Scheduled
Core Calculators (FIRE Number, Coast FIRE, etc.) June 2026 October 2026 (annual limit refresh)
Country Calculators (19 countries) June 2026 October 2026 (annual limit refresh)
Investing & Savings June 2026 October 2026
Life & Planning June 2026 October 2026
Risk & Strategy June 2026 October 2026
Visual & Interactive June 2026 October 2026

Public Correction Log

Every data correction and its source is recorded here:

Date Item Old Value New Value Source
2026-06-01 AU Super Guarantee 11.5% 12% ATO
2026-06-01 IT Flat Tax Regime €100K €300K MEF 2026 Budget
2026-06-01 DE Crypto Tax Tax-free after 1yr 26.375% all periods German Constitutional Court 2024
2026-06-01 CA CGT Inclusion 66.67% above $250K 50% (proposed not enacted) CRA
2026-06-01 OH State Tax Up to 3.99% 2.75% flat (HB 96) OH Dept of Taxation
2026-06-01 HI Top Bracket 11% 7.6% (Act 50) HI Dept of Taxation

Transparency

Every calculator page displays the exact formula used. Our Methodology page details all assumptions and research sources. Our References page links to the academic papers and data sources behind every calculation.

Limitations

Our calculators produce estimates based on the inputs you provide and the assumptions we document. They are educational tools, not financial advice. Past market performance does not guarantee future results. Always consult a qualified financial professional for personalized advice.

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