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Home/Tools/Investment & Retirement/Investment Calculator/For Self-Employed

Investment Calculator for Self-Employed & Freelancers

Free investment calculator to project portfolio growth over time. Enter initial investment, monthly contributions, expected return rate, and investment period. Compare preset portfolios (conservative to aggressive). View inflation-adjusted returns and year-by-year growth tables. Tailored with tips and guidance for Calculators optimized for self-employed individuals, freelancers, and gig workers..

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Self-EmployedTips for Self-Employed & Freelancers

  • 1You pay both employee and employer portions of FICA — 15.3% total (12.4% SS + 2.9% Medicare)
  • 2Estimated quarterly tax payments are due Apr 15, Jun 15, Sep 15, Jan 15
  • 3The qualified business income (QBI) deduction can save up to 20% on pass-through income
  • 4Track all business expenses — home office, equipment, software, and mileage are deductible
  • 5Consider a SEP-IRA (up to $69,000 in 2024) or Solo 401(k) for retirement savings
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About Investment Calculator for Self-Employed & Freelancers

This investment calculator is specifically designed for Calculators optimized for self-employed individuals, freelancers, and gig workers.. Whether you're just getting started or looking to optimize your financial strategy, this calculator provides the insights you need to make informed decisions.

Why Self-Employed & Freelancers Need This Calculator

Self-Employed & Freelancers face unique financial considerations that generic calculators don't address. Use the tips above alongside this investment calculator to get a complete picture of your financial situation. The calculator is completely free, runs instantly in your browser, and never stores your personal data.

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Investment Calculator for Other Groups

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Adjust for inflation
Final Portfolio Value
$385,612
after 20 years of investing
Total Contributions
$130,000
Total Investment Returns
$201,226
Total Dividends
$54,386
Returns as % of Total
66.3%
Portfolio Composition
Contributions: 33.7%
Returns: 52.2%
Dividends: 14.1%
Impact of Monthly Contributions
With $500/mo Contributions
$385,612
Without Monthly Contributions
$40,387
Monthly contributions of $500 add $345,224 to your portfolio over 20 years — that is 855% more than investing the lump sum alone.
Portfolio Growth Over Time
Year 1
Balance: $17,155
Contributed: $16,000
Without contributions: $10,723
Year 2
Balance: $24,971
Contributed: $22,000
Without contributions: $11,498
Year 3
Balance: $33,508
Contributed: $28,000
Without contributions: $12,329
Year 4
Balance: $42,833
Contributed: $34,000
Without contributions: $13,221
Year 5
Balance: $53,018
Contributed: $40,000
Without contributions: $14,176
Year 6
Balance: $64,144
Contributed: $46,000
Without contributions: $15,201
Year 7
Balance: $76,296
Contributed: $52,000
Without contributions: $16,300
Year 8
Balance: $89,570
Contributed: $58,000
Without contributions: $17,478
Year 9
Balance: $104,069
Contributed: $64,000
Without contributions: $18,742
Year 10
Balance: $119,906
Contributed: $70,000
Without contributions: $20,097
Year 11
Balance: $137,204
Contributed: $76,000
Without contributions: $21,549
Year 12
Balance: $156,100
Contributed: $82,000
Without contributions: $23,107
Year 13
Balance: $176,738
Contributed: $88,000
Without contributions: $24,778
Year 14
Balance: $199,282
Contributed: $94,000
Without contributions: $26,569
Year 15
Balance: $223,906
Contributed: $100,000
Without contributions: $28,489
Year 16
Balance: $250,803
Contributed: $106,000
Without contributions: $30,549
Year 17
Balance: $280,182
Contributed: $112,000
Without contributions: $32,757
Year 18
Balance: $312,273
Contributed: $118,000
Without contributions: $35,125
Year 19
Balance: $347,325
Contributed: $124,000
Without contributions: $37,665
Year 20
Balance: $385,612
Contributed: $130,000
Without contributions: $40,387
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20
Contributions
Returns + Dividends
Without contributions (hover)
$0$193K$386K
Year-by-Year Growth (20 years)
YearContributionsYear ReturnsDividendsBalance
1$16,000$955$200$17,155
2$22,000$1,473$343$24,971
3$28,000$2,038$499$33,508
4$34,000$2,655$670$42,833
5$40,000$3,329$857$53,018
6$46,000$4,065$1,060$64,144
7$52,000$4,869$1,283$76,296
8$58,000$5,748$1,526$89,570
9$64,000$6,707$1,791$104,069
10$70,000$7,756$2,081$119,906
... 7 more years ...
18$118,000$20,487$5,604$312,273
19$124,000$22,807$6,245$347,325
20$130,000$25,341$6,946$385,612
Portfolio Strategy Comparison
Conservative (5%)
$304,336
Balanced (7%)
$399,201
Selected
Growth (10%)
$612,821
Aggressive (12%)
$826,051
Disclaimer: This calculator provides estimates for educational purposes only. Past performance does not guarantee future results. Actual investment returns will vary due to market conditions, fees, taxes, and other factors. This is not financial advice. Consult a qualified financial advisor for personalized investment guidance.