Cost of Working Calculator

Determine the financial impact of both options

Making the decision to return to work after staying at home with children, or leaving the workforce to stay at home is sometimes a difficult decision. The financial aspects will be based on the elimination of expenses incurred while staying at home, examples of which are life and health insurance premiums that may be replaced by employer-provided plans. When looking at the benefits of working, income should be weighed against the ability to build a retirement fund through 401(k) contributions, the cost of health and life insurance and the expenses associated with being part of the work force.