Savings Rate Calculator
Determine what percentage of your income you set aside each year.
CalcSimpler Examples
- Income 50,000 and savings 10,000 ⇒ 20%
- Income 40,000 and savings 4,000 ⇒ 10%
- Income 60,000 and savings 9,000 ⇒ 15%
FAQ
What is a good savings rate?
Many experts suggest saving at least 20% of your income.
Can income be zero?
No, income must be greater than zero.
Should I use after-tax income?
Using take-home pay provides a clearer picture.
Additional Information
No additional information available.
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