Gross pay is a starting point — not the full story. This calculator estimates what actually lands in your account each month after taxes, benefits, and recurring costs. It’s a quick way to get clarity, reduce uncertainty, and make decisions with less pressure.
Visit the Millennial Financial Hub to go deeper — at your own pace.
It’s an estimate designed for clarity, not perfection. Your real take-home pay can vary based on withholding choices, local taxes, benefit structures, and payroll timing. This tool helps you get a realistic monthly number fast — so decisions feel easier.
If you’re unsure, start with a simple range (for many people, 18%–28% is a reasonable ballpark), then adjust until it feels close to your paycheck reality. The goal is “close enough to plan,” not “IRS-grade precision.”
If you add 401(k) or HSA amounts, the calculator treats them as pre-tax contributions. That means they reduce taxable income (which can lower the tax estimate), but they also reduce take-home pay because that money is being set aside for you.
That’s your estimated take-home pay minus recurring costs you can’t easily avoid (rent/mortgage, insurance, minimum bills, subscriptions, and other predictable essentials). It’s the number that helps you decide how much room you actually have for saving and lifestyle spending.
That’s not a “failure” signal — it’s a planning signal. It may mean your inputs are too strict, or it may mean your fixed costs are doing most of the work in your budget. Use the number to explore options like adjusting recurring costs, changing savings targets, or planning a timeline instead of forcing a big change overnight.
If you want to connect take-home pay to saving, retirement flexibility, and “what-if” planning, head to the Millennial Financial Hub and explore at your own pace.