Savings Rate Calculator
Your savings rate — the share of your income you save — is one of the factors most within your control when building wealth over time.
This is a simple ratio based on the numbers you enter. It doesn't account for irregular income or expenses.
$
$
Savings rate
10.9%
Annualized savings
$7,200
Why it matters: savings rate is something you can influence directly through budgeting choices, unlike investment returns. See the Budgeting Basics lesson.
Sources & further reading