Savings rate calculator
Find what percentage of your monthly take-home pay you put aside.
Your estimate
- Take-home pay less net savings
- $4,100.00
Uses your take-home pay and net savings for the same month. Use the same definition of savings each time you compare.
How the percentage is calculated
Worked example
Saving $900 from $5,000 in monthly take-home pay gives you a savings rate of 18%.
Divide the net amount saved by take-home pay and multiply by 100. A negative result means you withdrew more from savings than you added. Include payroll savings only if you also add them back to the take-home pay you enter.
Sources
Related calculators
How to compare your savings rate over time
Count new money you set aside from this month’s pay
If you moved $700 from your pay into savings and took $200 back out to spend, enter $500 as net savings. Moving money between two savings accounts doesn’t add to the amount saved. Use take-home pay for the same month.
If you had to draw down more savings than you added, enter a negative amount. A negative result shows how much you drew down relative to your pay that month.
Use totals when your income varies
To compare a few months with irregular income, divide total net savings by total take-home pay for those months. Averaging the individual percentages would give a small paycheck the same weight as a large one. The national saving rate uses broader measures of income and spending, so treat your result as a measure of your own cash flow.