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Annual Review Calculator

Your personal CFO year-end review. Score 5 financial dimensions, find your strongest area and biggest opportunity, and get data-driven goals for next year.

401(k) Limit 2024$23,000
Roth IRA Limit$7,000
S&P 500 Avg Return~10%/yr
Year Score
78
/ 100
Strong Year
Strongest area
Profit Margin
Focus next year
Retirement Savings Rate

Revenue & Expenses

Outstanding AR: $10,000 — the gap between invoiced and collected.

Taxes, Savings & Net Worth

Profit Margin
76.7%
Net / invoiced
Collection Rate
91.7%
Collected / invoiced
Retirement Rate
8.7%
Of net income
Net Worth Change
+29.4%
$25,000

Score Breakdown

Profit Margin76.7%
100 pts
50%+ is strong for freelancers
Collection Rate91.7%
64 pts
95%+ means your invoicing process is tight
Retirement Savings Rate8.7%
43 pts
15%+ of net income; 25%+ is excellent
Net Worth Growth+29.4%
100 pts
10%+ growth year-over-year
Tax Management18.3%
75 pts
15–25% effective rate is typical for contractors

Goals for Next Year

high

Increase retirement contributions to 15%+ of net income (≈ $13,800 for this income level)

medium

Build emergency fund to 6 months of expenses — target adding at least 5% of net income

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