To reach your goal of $60,000/year.
Breakdown:
Total Revenue Needed: $65,000
Total Billable Hours: 1200 hrs/yr
Stop guessing your prices. This calculator works backward from your desired annual income to determine exactly how much you need to charge per hour.
We take your target salary, add your business expenses, and account for taxes. Then, we divide that by your billable hours (excluding vacation time and admin work). The result is your "break-even" hourly rate.
Most freelancers forget that they cannot bill for 40 hours a week. You need time for marketing, emails, and accounting. A realistic billable week is often 20-25 hours.