Most freelancers calculate their rate by dividing their old salary by 2,080 hours (40-hr workweek). This is a mistake. It ignores self-employment taxes, overhead, and the reality of unbillable time (admin, marketing, pitches).
It works backward from your desired Net Income. It factors in your billable efficiency (how many hours you actually charge vs. work) to give you a realistic hourly rate.
ā No signup required ā No data collection ā Tax estimates included ā "Billable Reality" check
