Retainer Fee Calculator
Turn committed monthly hours and your hourly rate into a clear monthly retainer fee.
This tool is provided for convenience and does not constitute tax, legal, or financial advice. Check figures and documents with a qualified professional before relying on them.
Optional discount for guaranteed monthly income.
Monthly retainer fee
$1,350.00
Effective hourly rate$67.50
Annual value$16,200.00
FAQ
- Should I discount my rate for retainer clients?
- It's common but not required. A small discount (often 5-15%) can be a fair trade for the guaranteed, predictable income and reduced sales effort a retainer gives you -- but it's a business decision, not an obligation.
- What happens if the client needs more hours than the retainer covers?
- That's worth spelling out in your agreement upfront -- common approaches are billing extra hours at your standard (non-discounted) rate, or rolling unused hours over to the next month, capped at a limit.
- Is my data sent anywhere?
- No. The calculation runs entirely in your browser -- nothing is sent to a server.
Related tools
Send the retainer as a recurring invoice with the Invoice Generator. See all tools.