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What percentage of your paycheck do you take home? (1 Viewer)

I take home ______ of my paycheck

  • 45% or less, please explain

    Votes: 4 6.3%
  • 46% - 49%

    Votes: 4 6.3%
  • 50% - 54%

    Votes: 13 20.6%
  • 55% - 59%

    Votes: 8 12.7%
  • 60% - 64%

    Votes: 15 23.8%
  • 65% - 69%

    Votes: 14 22.2%
  • 70% - 74%

    Votes: 2 3.2%
  • 75% or higher, please explain

    Votes: 3 4.8%

  • Total voters
    63
I bring home 76% of my current paycheck. We don't have a retirement plan and my employer pays for 65% of my health insurance. That 35% plus my tax bracket aren't enough to take away much.

However, I have had to pay in a thousand or so each of the last two years at tax time, so maybe it is time to adjust my withholding.

 
~41%.

Taxes are almost a third of my take home.

Health, dental, vision, accident and other small insruances are ~6%

Between Stock plan, 401k, roth, and 2 other long term savings account, that's ~22%

 
This will vary greatly because:

1. State taxes

2. 401k plans (not everyone has them)

3. Health Insurance (maybe spouse pays through their work)

Etc.

Etc.

 
Yeah, kind of a meaningless question.

Is someone who takes home 90% of his paycheck better off than someone who takes home 50%?

 
Don't know exact but I'd think below 25%.

That's because I put the max allowed into company stock.

I also put into 401K, HSA, Insurance etc... etc... etc...

 
Yeah, kind of a meaningless question.

Is someone who takes home 90% of his paycheck better off than someone who takes home 50%?
I don't know about better, but I'd be happier with former over the ladder :shrug:
What if the ladder makes 4X as much and is maxing out his investments?
I'd say he could be facing a steep climb.
He'll be OK. As long as he takes it one step at a time.

 
51.7% I like the question better towards the end of the year.

My last paycheck of the year was 67.6%. Its awesome.

 
This will vary greatly because:

1. State taxes

2. 401k plans (not everyone has them)

3. Health Insurance (maybe spouse pays through their work)

Etc.

Etc.
Agreed there will be a 10% difference on the exact same wages of someone living in NY vs someone living in FL or NV for example.

 
53% (401K/FSA/Taxes) benefits are on the wife's check. She was doing better as I discovered when I realized we owed NY state and the feds about 1K a piece this year because she's claiming 2 in a DINK household.

 
61.6% after all the taxes etc plus 8% for 401k and another $50ish a check for commuter benefits. No health/dental/vision benefits taken out (wife has a much better and much much cheaper plan).

 
Technically 100%. I'm self employed, paid by commissions with no deductions. I then make quarterly tax payments, and pay my various insurances personally. Wife has the 401(k), not me.

 
36%

Taxes including state, fsa, health and LTD insurance, and a fiscal raping of child support.
HFS, sorry man
It was funny (not haha) to see the topic because I had just done the calculations because my taxes changed on today's paycheck.

My ex gets 29.27 % of my gross and I get 36%. That sucks.
I live in a state with no income tax and I bring home 47.5% of my gross, taxes, matching 401k, insurance for the kids, and divorce get the rest. And I'll be writing a check to the IRS for thousands this year, so it actually winds up at 42.2%. This is my reward for working 60+ hours a week, my ex works ZERO hours a week and gets 39.8% of my gross. F the divorce system.

 
Last edited by a moderator:
Arizona Ron said:
matttyl said:
Technically 100%. I'm self employed, paid by commissions with no deductions. I then make quarterly tax payments, and pay my various insurances personally. Wife has the 401(k), not me.
This is technically not 100%.
What do you mean? I take 100% of my paycheck home. I then spend it from there, but it all comes home.

 
Statcruncher said:
36%

Taxes including state, fsa, health and LTD insurance, and a fiscal raping of child support.
HFS, sorry man
It was funny (not haha) to see the topic because I had just done the calculations because my taxes changed on today's paycheck.

My ex gets 29.27 % of my gross and I get 36%. That sucks.
I live in a state with no income tax and I bring home 47.5% of my gross, taxes, matching 401k, insurance for the kids, and divorce get the rest. And I'll be writing a check to the IRS for thousands this year, so it actually winds up at 42.2%. This is my reward for working 60+ hours a week, my ex works ZERO hours a week and gets 39.8% of my gross. F the divorce system.
The system really is such nonsense... Who the #### put it in place?

 
Arizona Ron said:
matttyl said:
Technically 100%. I'm self employed, paid by commissions with no deductions. I then make quarterly tax payments, and pay my various insurances personally. Wife has the 401(k), not me.
This is technically not 100%.
What do you mean? I take 100% of my paycheck home. I then spend it from there, but it all comes home.
"After taxes, 401k, medical, FSA, and any other deductions you have".

You still pay for these types of expenses. It's simply distributed differently.

 

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