hometrix
Hometrix › What If? Calculators › Calculator
What If? → Career & Income

Side income runway

What if your side income replaced your job? See exactly how close you are and when you could make the leap.

Your situation
Day job salary$72,000/yr
Monthly expenses$4,200/mo
Savings / runway$25,000
Side income
Current monthly side income$1,500/mo
Monthly growth rate5%/mo
Target: replace job at100%
Ready to leap in
—
estimated date
Coverage today
—
of monthly expenses
Runway months
—
savings ÷ expenses
Side income growth vs. expenses
Side income Monthly expenses
Progress to financial independence
Expense coverage—
Salary replacement—
Emergency runway—
For educational purposes. Side income growth rates vary widely. Tax implications of self-employment income can be significant — consult a tax advisor before making the leap.