📖 Overview
This calculator shows the real financial delta between staying employed and leaving work for childcare.
It includes tax impact daycare commute drag and retirement match opportunity cost.
🧪 Example Scenarios
Use these default and higher-pressure example inputs to explore how sensitive this calculator is before using your real numbers.
| Input | Base Case | Higher Pressure Case |
|---|---|---|
| Lower Earner Gross Annual Salary ($) | 62,000 | 71,300 |
| Effective Tax Rate (%) | 24 | 28.8 |
| Monthly Daycare Cost ($) | 1,650 | 1,980 |
| Daily Commute Cost ($) | 18 | 21.6 |
| Annual 401k Match Lost If Quitting ($) | 3,500 | 4,025 |
⚙️ How It Works
This calculator applies a direct math model based on the inputs above.
💡This calculator is scenario-based. Better input quality leads to better decision quality.
Quick Reference
| Input | Example Value |
|---|---|
| Lower Earner Gross Annual Salary ($) | 62000 |
| Effective Tax Rate (%) | 24 |
| Monthly Daycare Cost ($) | 1650 |
| Daily Commute Cost ($) | 18 |
| Annual 401k Match Lost If Quitting ($) | 3500 |
When To Use This
- Use this tool when you need a fast decision during active planning or execution.
- Use this before committing money, time, or tradeoffs that are hard to reverse.
- Use this to compare options using the same assumptions across scenarios.
Edge Cases To Watch
- Results can be misleading if key inputs are missing, stale, or unrealistic.
- Very small or very large values may amplify rounding effects and interpretation risk.
- If assumptions change mid-decision, recalculate before acting.
Practical Tips
💡 Validate units before comparing scenarios.
💡 Run multiple values to understand sensitivity.
💡 Use outputs as estimates, not guarantees.
Frequently Asked Questions
❓ Is this output exact?
It is a fast estimate based on provided inputs and model assumptions.
❓ Can I compare different scenarios?
Yes, this tool is designed for quick side-by-side checks.