Free financial calculator
Savings Rate Calculator
Measure how much of your income is moving you forward each month.
Use the calculator ↓Adjust the assumptions
Savings Rate Calculator
Measure how much of your income is moving you forward each month.
Result
£0
View year-by-year breakdown ＋
| Year | Contributions | Growth | Balance |
|---|
Questions answered
What this calculator helps you work out
- What percentage of my take-home income am I saving?
- Should extra debt payments count in my savings rate?
- How much does an employer retirement match change the total?
Common questions
Savings Rate Calculator FAQs
What counts toward savings rate?＋
Many people count cash saving, investing and extra principal paid toward debt. Minimum debt payments are usually treated as expenses.
Should employer match count?＋
It can be useful to show both numbers: your personal rate and a total rate including employer contributions.
What is a good savings rate?＋
It depends on income, age, goals, debt and dependants. The useful comparison is whether your rate supports your goals and is improving over time.
Go beyond the result
How to Calculate Your Savings Rate
See a worked example, the trade-offs to consider and the assumptions that can change the answer.