Sand
Footballguy
Pretty easy calc. I take total income and subtract all taxes (fed, state, local, RE, car) to get "real income". I get expenses for the year from Personal Capital. Then it's just (real income-expenses)/real income. So it ignores home equity and ignores company match. It does encapsulate my contributions to 401k and HSA.Since 401 is typically pre-tax, how does that factor into your calculation? How about a company match? I assume college savings count but what about home equity? I know lots of questions. Just trying to determine if I could get to your percentage as a fun little exercise.
BTW, real income is a bit different than taxable income(purely a tax form number) as that's clouded a bit with deductions that don't really reflect what you really keep in your pocket at the end of the day. My "real income" is a bit higher than taxable income on tax forms.
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