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WSO Free Modeling Series - Now Open Through
June 30, 2026
9 Free Financial Modeling Lessons
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shouldnt bonus/savings rate be % ?
It has no effect on the calculation.
What about medicare
How much are payroll taxes/medicare?
Have you included the effect 401K contributions will have on lowering your effective salary?
wait why is the food costs added back into your income after expenses?
The food costs are added back just so I can see how much I would have if I did not spend so much on food, I wanted to see both.
medicare? social security taxes? paying off undergraduate student loans? If you don't make any payments, they will directly take 25% of your paycheck until it is all paid off. Saving for MBA. Everyone goes for MBA after 3-4 years work experience. The MBA will cost about $180 K in current dollar value. Make sure you have to avoid paying child support. That will completely screw up all your calculations for the next 18 years. That also comes directly out of your paycheck before you receive any money from your employer.
Do hookers and coke fall under "fringe benefits"? Didn't see them listed.
Regards
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