I am trying to figure out our savings percentage and I was just wondering how most of you do this. I did this:
Income: 221,900
401k: 36,000
Taxes: 65,000
Insurance: 4,000
Take home pay: 116,900
Expenses: 71,900
Money added to investments: 45,000
45,000+36000= 81,000
116,900+36000= 152,900
81,000/152,900= 52.98%
Would you figure it differently?