Free Tool
Savings Rate Calculator
Your savings rate is the single most important number for building wealth. Enter your income and expenses to see where you stand.
Your Numbers
$
Your take-home pay each month
$
Total spending: housing, food, transport, subscriptions, everything
%
Average stock market return is ~7% after inflation
Your Savings Rate
30% Good
Monthly Savings $1,500
Annual Savings $18,000
Income vs Expenses
Years to Financial Independence
Based on the 4% withdrawal rule (25x annual expenses)
At your savings rate 28.4 yrs
At 50% savings rate 17.0 yrs
At 75% savings rate 7.1 yrs
How You Compare
US Average 4.6%
Recommended 20%
FIRE Community 50%+
You 30%
Your savings rate is a guideline, not a guarantee. Actual investment returns vary, and this calculator assumes consistent savings and returns. Use it as a starting point for your financial plan, not as financial advice.
Track Your Savings Rate Automatically
Monavio calculates your savings rate every month from your actual transactions — no spreadsheets needed.
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