Best FIRE apps for tracking progress

Picture this: you have been chasing financial independence for three years, your investments are scattered across two brokers, three mutual fund houses, an NPS account, an EPF, and a couple of fixed deposits. You open four apps to figure out what your net worth actually is. This is the daily life of most people in the FIRE Movement India who haven’t yet picked a single app to track everything in one place.

Below is a ranked list of the apps that actually work for FIRE tracking, with the trade-offs of each. The first one is the clearest winner for most users.

1. INDmoney — the clear #1 for net worth aggregation

INDmoney pulls in mutual funds, stocks, EPF, NPS, bank accounts, fixed deposits, US stocks, gold, and even credit card debt into one dashboard. For FIRE planning, it shows real-time net worth, asset allocation drift, and projected corpus at various ages.

• Why good: best account aggregation in India, free for tracking, supports US stock investing inside the same app.
• Who for: FIRE practitioners with assets across 5+ institutions who hate logging into separate portals.
• Watch out: pushy on US stock product sales, and the EPF data sync sometimes breaks for a week.

2. Kuvera — the cleanest pure-investing tracker

Kuvera is a direct mutual fund platform with strong portfolio tracking. You can import existing holdings via CAS (Consolidated Account Statement), see XIRR across all your funds, and run goal projections that map directly to FIRE math.

• Why good: zero-commission direct funds, clean XIRR display, family-account feature for joint planning with a spouse.
• Who for: investors who want one place for mutual fund SIPs and clean reporting without product noise.
• Watch out: doesn’t aggregate bank accounts, EPF, or PPF — you have to add those manually.

3. ET Money — the strongest goal-based planner

ET Money’s strength is its goal planning module. You define your FIRE corpus target, retirement age, expected return, and inflation — and it shows you the monthly SIP needed to get there. The interface is friendly enough for non-finance people.

• Why good: best goal projection visualisation, integrated insurance and EPF tracking, NPS investing inside the app.
• Who for: people who think in goals (“retire by 50”) more than holdings.
• Watch out: heavy on cross-sell prompts for credit cards and loans; ignore those.

4. MProfit — the serious portfolio analytics tool

MProfit is for the FIRE practitioner who wants to track at a different level of detail — lot-level capital gains, tax planning views, asset class drift over years. It is paid (around 5,000-15,000 rupees a year for the home edition) but unmatched if you take portfolio reporting seriously.

• Why good: institutional-grade reporting, supports unlisted shares, ESOPs, real estate.
• Who for: FIRE practitioners over 5+ years in with complex portfolios and tax-planning needs.
• Watch out: paid tier required for serious use; learning curve is real.

5. A custom Google Sheet — still beats most apps for many users

Honest truth: a well-built Google Sheet with monthly net worth tracking, savings rate, projected FIRE corpus, and withdrawal modelling beats every app for total control and zero subscription cost. Many serious FIRE practitioners run a hybrid — one app for daily aggregation, one sheet for long-term modelling.

• Why good: full customisation, no vendor lock-in, free.
• Who for: spreadsheet-comfortable users with a 30-year horizon who want to understand the math themselves.
• Watch out: takes 4-6 hours to build right, and needs monthly maintenance.

The criteria used to rank these

FIRE tracking is not the same as casual investment tracking. Five filters that matter:

• Account aggregation breadth — banks, brokers, mutual funds, EPF, NPS, FDs, gold, real estate.
• Net worth dashboard quality — a single screen showing total assets, liabilities, net worth.
• Goal projection — how reliably the app shows the corpus needed and gap to target.
• XIRR computation — real returns, not absolute returns.
• Privacy and data security — SEBI registration, RBI account aggregator framework compliance, ISO certifications.

The features FIRE practitioners use most

• Monthly savings rate tracker.
• Projected corpus at multiple retirement ages (45, 50, 55).
• Asset allocation drift alerts.
• SIP top-up calculator linked to salary hikes.
• Drawdown simulation — “what if I retire today?” view.

Not every app does all five. INDmoney covers the most. ET Money is best at goal projection. Kuvera is best at clean fund tracking. MProfit dominates if you want lot-level detail. A spreadsheet wins on customisation.

What about the broker-bundled trackers

Zerodha Console, Groww’s portfolio view, and Upstox’s reports are convenient if all your equity sits with one broker. They show clean P&L, holding values, and dividend history. The catch — they do not aggregate other brokers, mutual funds outside the platform, or your fixed deposits and EPF. Useful as one component, weak as the only tool for a FIRE plan.

The honest verdict

Use INDmoney for daily aggregation, ET Money for goal modelling, and a Google Sheet for the deeper FIRE math you don’t trust an app to get right. Skip the apps that focus mainly on selling you new credit cards or insurance — they are not built for serious wealth tracking.

One last warning: every app pulls financial data through India’s account aggregator framework. Read the consent screens before you authorise. The official RBI-regulated account aggregator framework rules and registered AAs are listed at rbi.org.in.