Savings Rate Calculator
Enter your income and monthly expenses to estimate your taxes, take-home pay and savings rate. Everything stays in your browser. Nothing is sent anywhere.
1. Income
2. Estimated taxes (yearly)
Calculated for you. Type over any amount to use your own number; clear it to go back to the estimate.
3. Monthly expenses
4. Your savings rate
Scale runs from 0% to 25%+. The U.S. personal saving rate has averaged roughly 4–5% recently (BEA); 10–20% is a common goal.
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Prepared by DeLuca CPAs. Estimate only, not tax advice. Assumes all income is W-2 wages and the standard deduction. It ignores tax credits (including the child tax credit), itemized deductions, other OBBBA deductions (such as tips, overtime and the senior deduction), New York City and Yonkers income tax, New York tax-benefit recapture, and self-employment tax. Pre-tax 401(k) contributions reduce federal and NY taxable income but not Social Security or Medicare.
Sources: Federal brackets and standard deductions for 2026 ($16,100 single, $32,200 married filing jointly, $24,150 head of household), IRS Rev. Proc. 2025-32 and IR-2025-103 (reflecting the One, Big, Beautiful Bill Act). Social Security wage base $184,500 for 2026, Social Security Administration 2026 COLA fact sheet. Additional Medicare tax 0.9% over $200,000 ($250,000 married filing jointly), IRS. New York 2026 rate schedules (3.9%–10.9%, lowest five rates reduced for 2026) and standard deductions ($8,000 single, $16,050 married filing jointly, $11,200 head of household), NYS Department of Taxation and Finance (Pub. NYS-50-T-NYS, 1/26; Form IT-201 instructions).