Staying at Home Current expenses? $ Going to Work Monthly income? $ Monthly 401(k) benefits? $ Life/health premiums? $ Work-related expenses? $ Tax Information Federal marginal tax rate? % State marginal tax rate? % Are you self-employed?? - Select -YesNo Printer-friendly version Working Outside the Home Income & 401(k) Premiums & Expenses State & Federal Taxes Social Security Net Earnings Chart Table Net Monthly Earnings Amount Stay at Home Work Outside the Home Itemized Current Monthly Expenses Monthly Expense Amount Current daytime child care ($) Life insurance premiums ($) Medical insurance premiums ($) Total Current Monthly Expenses Itemized Monthly Income Monthly Income Amount Salary & Wages Tips & Commission Bonus Total Monthly Salary and Benefits Itemized Monthly Work-Related Expenses Monthly Expense Amount Business expenses Child care Clothing Housekeeping Meals Transportation Total Monthly Work-Related Expenses Email Results First Name Last Name Email Address Phone Number Submit Making the decision to return to work after staying at home with children, or leaving the workforce to stay at home is sometimes a difficult decision for parents. The financial aspects of that decision will be based on the elimination of expenses incurred while staying at home, examples of which are life and health insurance premiums that may be replaced by employer-provided plans. When looking at the benefits of working, income should be considered right alongside the ability to build a retirement fund through 401(k) contributions, the cost of health and life insurance and the expenses associated with being part of the workforce.