Foster Wealth Ventures
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Freelance Rate Calculator Guide

Price hourly, day-rate, and retainer work with taxes, overhead, and realistic billable hours.

Estimated reading time: 3-4 minutes

Why this calculator works

It gross-ups your desired take-home income for taxes, adds business overhead, and divides by realistic billable hours. You get hourly, day-rate, and monthly retainer pricing that protects your margins.

Quick setup

  • Desired annual take-home income
  • Tax rate (federal, state, self-employment)
  • Overhead % (software, insurance, marketing, gear, office)
  • Working hours per week + billable % to cover admin/marketing time
  • Weeks off for vacation and holidays

Example: $120k take-home, 30% tax, 20% overhead, 30 hrs/week, 4 weeks off, 65% billable → ~$150–$160/hr.

Tips to keep rates sustainable

  • Billable hours over ~35/week are hard to sustain long-term.
  • Include benefits and equipment refresh in overhead.
  • Use retainers or packages to reduce scope creep and context switching.
  • Revisit quarterly as taxes, overhead, and demand change.
Open the Freelancer Rate Calculator

No sign-up required. See hourly, day-rate, and retainer pricing instantly.