Savings Rate Calculator
Your savings rate is the most important factor in achieving financial independence. Calculate yours and see how it impacts your timeline to FIRE.
Understanding Savings Rate
Your savings rate is the percentage of your income that you save and invest. There are two common ways to calculate it:
We display the gross savings rate as it's the most commonly used metric in the FIRE community. A higher savings rate directly translates to a shorter time to financial independence because you're both accumulating wealth faster and learning to live on less.
Disclaimer: This calculator is provided for educational and informational purposes only. Results are estimates based on the inputs you provide and may contain errors or inaccuracies. This tool does not constitute professional financial, investment, or tax advice. Individual circumstances vary, and you should consult with a qualified financial advisor, accountant, or other professional before making any financial decisions. We make no guarantees regarding the accuracy, completeness, or reliability of the calculations or results provided.
Track Your Savings Rate Over Time
Monitor your income, expenses, and savings rate month by month with SavePoint's comprehensive tracking.
Get SavePoint - One-Time Purchase