Hi Everyone,

I'm confident this question has been asked before, but I must know for myself. (and I can't find it yet in the forum). when I calculate my savings rate: I add the total deposited into all accounts, 401k, IRA, taxable, and 401k matching... to simplify the problem, let's use round numbers.

Gross Pay 100,000

Savings 45,000

-----------------------

Savings Rate = 45%

is the right way to calculate savings rate at gross or net income? if I based it on net income, clearly I would have a higher savings rate, but what's considered the "right way" - this will give me a clearer picture of when I can retire...

thanks in advance,

Steve