There is a direct correlation between your savings rate and the time it takes you to reach financial independence.
It’s pretty simple: the more money you save the faster you’ll reach financial independence. Enter your numbers, test different scenarios, and see for yourself!
Your Numbers
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Results
At different savings rates, here's how long it'd take you to achieve financial independence:
| Savings Rate | Expenses | Savings/yr | Years to FI |
|---|---|---|---|
| 5% | $28,500 | $1,500 | 60.35 |
| 10% | $27,000 | $3,000 | 50.35 |
| 15% | $25,500 | $4,500 | 44.60 |
| 20% | $24,000 | $6,000 | 40.59 |
| 25% | $22,500 | $7,500 | 37.53 |
| 30% | $21,000 | $9,000 | 35.06 |
| 35% | $19,500 | $10,500 | 33.01 |
| 40% | $18,000 | $12,000 | 31.26 |
| 45% | $16,500 | $13,500 | 29.74 |
| 50% | $15,000 | $15,000 | 28.40 |
| 55% | $13,500 | $16,500 | 27.21 |
| 60% | $12,000 | $18,000 | 26.14 |
| 65% | $10,500 | $19,500 | 25.16 |
| 70% | $9,000 | $21,000 | 24.27 |
| 75% | $7,500 | $22,500 | 23.46 |
| 80% | $6,000 | $24,000 | 22.70 |
| 85% | $4,500 | $25,500 | 22.00 |
| 90% | $3,000 | $27,000 | 21.35 |
| 95% | $1,500 | $28,500 | 20.75 |
| 100% | - | $30,000 | 20.18 |