My Goals
What you need to earn to live well — and take vacations.
Business expenses
Savings
Personal expenses
Spending & Savings
How to use these calculators
- Fill in all your expenses above first (not savings).
- Use these calculators to find out how much to save for pension, vacation, and sick days.
- Click "Add to my savings" to fill in your savings rows automatically. Your income target will update to include these amounts.
Pension / Retirement
Monthly savings amount
$0.00
Holiday / Vacation Pay
Weekly income
$0.00
Annual vacation allowance
$0.00
Monthly savings amount
$0.00
Health & Sick Days
Annual sick pay reserve
$0.00
Monthly savings amount
$0.00
Total recommended monthly savings
$0.00
Pension $0.00 + Holiday $0.00 + Sick days $0.00
Add all three to your Personal savings section to make sure your income target is realistic.
Vacation planner
Working days / year
250
With 2 weeks off, you have 250 working days to hit your income goal.
Summary
This is the minimum you must invoice per month before remitting taxes.
These are minimums. If you want to earn more, increase your personal goals until this number reflects your desired income.
Tax & Deductions Reserve
🇨🇦 Recommended: 25–30% to cover income tax (federal + provincial), CPP contributions, and optional EI.