Savings Rate Calculator
Find out what percentage of your income you're saving — and see how it maps to your financial independence timeline. The single most important number in personal finance.
Your Income
After taxes, deductions. Leave blank to use gross.
Your Monthly Savings
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What is a good savings rate?
Financial experts typically recommend saving at least 15–20% of your gross income. The FIRE community often targets 50%+ to retire early. Even 10% is better than 0% — the key is consistency.
Should I include 401k contributions in my savings rate?
Yes. Pre-tax retirement contributions count as savings even though they never appear in your take-home pay. Including them gives you a more accurate picture of your financial progress.
Does paying off debt count as saving?
Extra debt payments (above the minimum) reduce your net worth obligations — which functions like saving. This calculator includes extra debt payments in your savings total.