Savings Rate Calculator Australia
Calculate the percentage of your income you save and see what a higher savings rate could contribute over ten years.
All amounts are in Australian dollars (AUD).
Adjust your plan
Move the sliders or enter exact amounts.
Your estimate
Updates instantly as your numbers change.
Current savings rate
15.0%
$12,000 saved each year.
Illustrative ten year difference
$57,695
If the extra $333 each month grew at 7%.
How this calculator works
Your savings rate is the share of income that you keep rather than spend. This view also illustrates how changing that rate could affect regular contributions over time.
Important assumptions
- Income and savings remain constant.
- The projection uses monthly contributions.
- Tax, fees, and inflation are not included.
These results are general illustrations only and are not financial advice. Actual outcomes can differ.
Turn the estimate into a living plan
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Common questions
Terms explained
- FIRE number
A FIRE number is the invested amount you need for your investments to cover your yearly spending, often 25 times annual spending.
- Compound interest
Compound interest is earning returns on your past returns as well as on the money you put in.
- Real return
A real return is an investment return after inflation, which shows how much your buying power actually grew.
- Net worth
Net worth is everything you own minus everything you owe.