How this calculator works
Your savings rate shows the share of after-tax income you save or invest instead of spending.
Savings Rate = Monthly Savings ÷ Monthly Income × 100
What was added
This version adds a rough FIRE timeline estimate based on common savings-rate assumptions used in FIRE planning.
FAQ
Higher savings rates generally shorten the time needed to reach financial independence. This estimate is simplified and does not replace a full FIRE calculator.