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 for parents. The financial aspects of that decision will be based on the elimination of expenses incurred while staying at home such as life and health insurance premiums that may be replaced by employer-provided plans. When looking at the benefits of working, income should be considered right alongside of 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.
Use this calculator to determine whether or not you should work from home.
Change the numbers in each input field by entering a new number or adjusting the sliders. After entering your data into each input field, the calculator results will automatically update the summary statement and chart.
