Freelance Savings Calculator

Calculate how much to set aside from every payment — for taxes, health insurance, retirement, and an emergency buffer.

1 – Income

2 – Coverage

3 – Your Plan

Income

CURRENCY

Monthly revenue (before tax)

What you invoice clients — before any VAT/GST.

$ /mo

Monthly business expenses

Software, hardware, workspace, accountant fees.

$ /mo

Income tax rate

Effective rate on net profit. 25–30% is a common starting point.

I charge tax on top of my invoices (VAT / GST)

Monthly health insurance cost

$ /mo

Monthly personal living costs

$ /mo

Retirement savings per month

$ /mo

Total to set aside per month – –

Income tax–

Health insurance–

Retirement savings–

Emergency buffer (10%)–

Disposable income –