Career Change Runway Calculator

Plan the savings that let you retrain or switch fields without financial panic — covering the income gap and any costs during the transition.

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Target career change fund

$35,000
$
$0
$
$500
$
2 years
yrs
4%
%

Adjust for Inflation

Show values in today's purchasing power

Your Custom Fields

No custom fields yet. Add your own expenses, income, or one-time costs to personalize your plan.

Your Enough Plan

36% of your enough number

Enough Number: $35,000

Projected: $12,463

Growth Projection

$0$10K$20K$30K$40KEnoughJul 26Oct 26Jan 27Apr 27Jul 27Oct 27Jan 28Apr 28Jul 28
Balance Contributed Enough

Timeline

25%January 2028
50%May 2029
75%August 2030
TodayProjected: November 2031

Monthly Savings Target

$1,404

per month to reach your goal

Current: $500

You need $904 more per month

That's about $47 per day

What If?

+$100/mo

Add $100 per month

10 mo. sooner

$14,955

+$200/mo

Add $200 per month

17 mo. sooner

$17,448

-2% return

Bear market scenario

3 mo. later

$12,231

What If You Saved Your Next Raise?

5%
1%15%
50%
0%100%
ScenarioFinal MonthlyTotal Saved (10yr)
Save Nothing$500/mo $73,348
Save 50%$640/mo $81,521
Save ALL$814/mo $90,814

Saving ALL your raises instead of nothing nets you $17,466 more over 10 years.

Life Seasons

Add upcoming life events to see how they affect your monthly budget.

Click an event above to add it to your timeline.

How You Compare

Key Insights

  • At your current pace, you'll reach enough by November 2031.
  • You're 36% of the way to your enough number of $35,000.
  • At this rate, you'll reach your goal 3.3 years late.
  • Increasing your contribution by $900/month would put you on track to reach your goal on time.
  • Increasing contributions by just $50/month could shave 6 months off your timeline.
  • Your savings rate is ~8% — every dollar counts. Can you find $50 more per month to boost it?

Coach's Corner

📉

Expect a Salary Dip

Most career changers take a 10-20% initial pay cut. Plan for 2-3 years to reach your previous salary level in the new field. The investment pays off long-term.

🤝

Network Before You Retrain

Before investing in courses or degrees, talk to 10 people already in your target role. You'll learn what actually matters — and it might not be what the bootcamps advertise.

💡

Pay Yourself First

Transfer savings the day you get paid, not at the end of the month. You can't spend what you've already saved. This single habit separates savers from spenders.

Export Results

What Salary Do I Need?

To reach $35,000 by saving 20% of your income, you'd need to earn at least $84,251/year.

Prep for Your Next Role

Practice interview questions tailored to the salary you need to hit your "enough" number.

Enough Number

$35,000

Progress

36%

Buying Time to Reinvent

A career change often means a temporary pay cut, a period of retraining, or both. The way to do it calmly is to fund the transition in advance. This calculator turns your expected income gap, any tuition or course costs, and your timeline into a concrete savings target.

What to Account For

Include your monthly expenses, any reduced income during the switch (entry-level pay, part-time work, or none), and one-off costs like courses, certifications, or a bootcamp. The bigger the pay dip and the longer the retraining, the larger your runway needs to be.

A Calmer Transition

With a funded runway, you can take the right role instead of the first one, and give the new path time to pay off. Adjust the timeline to see how much you need saved before you make the leap.

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Frequently Asked Questions