Freelance Rate Calculator

Rate Calculator + Cash Flow Projections LINK

How to set your rates - Example

$50,000 - salary you want to make

$3,825 - employer payroll taxes (7.65% medicare and social security)

$4,800 - health insurance costs

$1,500 - 3% match on 401k

$60,125 - total comp at full time job

$29 - hourly rate (annual/52 wks/40 hrs)

$60 - freelance hourly rate (double it! to account for hours not getting paid)

Factor in: 

• additional tax liability

• health insurance and other benefits

• Hours you’re not getting directly paid (marketing, sales, admin, etc)