The Savings Rate Calculator calculates,your savings rate.The result is in terms of  percentage of  your yearly earnings.since, your earning will  increase over time, this savings rate value better serves the purpose of  retirement modeling compared to net savings amount.

 
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Savings Rate Calculator
                        
                          you may use the calculator below to find out your percentage of earning that you are savings,Current Earning Savings in the current year

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                                          As per your assumptions you are savings rate as part of earnings are 12.5%
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