Let’s crunch the numbers!

Financial Independence happens at different speeds, depending on your present and future spending habits. Savings rate is all about what you can do and what trade offs you are willing to make. If you reduce your savings for a few years, to pay for childcare, for example, or to pay off student loan debt, you can still make progress towards financial independence.

Savings rate is a great way to gauge your spending and saving behavior, and challenge yourself to move the needle.

Take this short quiz to calculate your savings rate!

Let's go

1/3 How much are you earning?

My take-home income is

$ every week 2 weeks month year

2/3 How much do you save and invest for the future?

Every week 2 weeks month year I put this much into

Post-tax savings

(checking, savings, brokerage)

$

Pre-tax retirement contributions

(401(k), 403(b), IRA)

$

Post-tax retirement contributions

(Roth IRA, Roth 401(k))

$

Tax-free contributions, generally*

(HSA)

$

3/3 Here's your savings rate!

Savings Rate

%

Monthly take-home income
Monthly expenses
Monthly savings

Here's what different savings rates could look like for you.

5% =
15% =
25% =
50% =
70% =

Now let's calculate Years to FI