Savings Rate Percentage Calculator
Work out what percentage of your Australian take-home income you are saving each period, a key measure of financial progress.
Your results
Calculation breakdown
- Savings rate
- Savings rate = amount saved ÷ net income × 100
Worked example
Saving $500 out of $3,000 net income each period gives a savings rate of 16.7%, meaning roughly one dollar in six is put toward savings.
Assumptions
- Uses net (after-tax) income for a realistic picture of disposable income saved.
- Does not separately account for superannuation contributions.
How this calculator works
Your savings rate is the share of your income you put toward savings or investing rather than spending. Enter your regular income and the amount you save each period to see your savings rate as a percentage, a simple but powerful measure of financial progress over time.
Frequently asked questions
What is a good savings rate?
There is no universal figure, but many financial guides suggest aiming for at least 15–20% of after-tax income where possible.
Should I use gross or net income?
Use your net (after-tax) income for a realistic savings rate, since that reflects money you actually have available.
Does this include superannuation contributions?
No, this measures voluntary savings from take-home pay; include super separately if you want a broader wealth-building picture.
Results are estimates only and are not financial, tax, legal or credit advice.