SalaryScopePro

Glossary · Financial

Savings Rate

Percent of income saved each year.

Definition

Savings rate is the percentage of after-tax income saved each year. The FIRE community targets 50-70%; standard guidance is 15-20%.

How SalaryScopePro uses this term

We surface savings rate across salary results, occupation pages, city pages, and Premium Reports — with consistent definitions and methodology. See methodology and data sources for how the underlying numbers are computed.