Savings Rate Calculator

 We recommend reverse engineering your spending to reach a 50% savings rate. Watch your debt melt away and your net worth shoot to the moon. And best of all, your savings rate is relative to what you earn, providing extra incentive to increase your income. Start now by calculating your baseline savings rate. As you reduce your expenses, return to this calculator to update your savings rate and thereby measure your progress. Maximizing your rate of savings will continue to reduce the amount of years it will take you to reach financial independence.