Skip to main content
Calcimator

Bonus Allocation Planner

Optimally split your bonus across emergency savings, debt payoff, retirement, and fun money. See the financial impact of each allocation choice.

Inputs

$
%
$
$
%
$
%

Results

After-Tax Bonus

$3,900.00

≈ 4 smartphones

To Emergency Fund$3,000.00
To Debt Payoff$510.00
To Retirement$0.00
To Fun Money$390.00
Debt Interest Saved (Year 1)$112.20
Retirement Growth (10yr)$0.00
How to Use This Calculator
  1. Enter your gross bonus amount and the tax withholding percentage your employer applies.
  2. Input your current emergency fund gap — the calculator prioritizes topping that up first.
  3. Add your high-interest debt balance and rate so the tool can calculate interest saved by paying it down.
  4. Set a retirement contribution gap and the percentage of after-tax bonus you want for discretionary spending.
  5. Review the allocation breakdown to see how much flows to emergency fund, debt, retirement, and fun money.

How the result changes with Bonus Amount

Bonus AmountAfter-Tax Bonus
$50,090.00$39,070.20
$175,065.00$136,550.70
$325,035.00$253,527.30
$450,010.00$351,007.80

What each input means

Bonus Amount
Pre-tax bonus amount you are receiving.
Tax Withholding
Supplemental income withholding rate (federal default is 22%).
Emergency Fund Gap
How much more you need in your emergency fund.
High-Interest Debt Balance
Outstanding balance on high-interest debt (credit cards, etc.).
Debt Interest Rate
Annual interest rate on your high-interest debt.
Retirement Contribution Gap
Room left in your annual retirement contribution limit.
Fun Money Percentage
Percentage of after-tax bonus to set aside for guilt-free spending.

How this is calculated

Worked example, using the default values

  1. Identify Input Parameters
    4 parameters
    Bonus Amount = 5000, Tax Withholding = 22, Emergency Fund Gap = 3000, High-Interest Debt Balance = 5000 = 7 input(s) provided
  2. Calculate After-Tax Bonus
    After-Tax Bonus
    3900 = $3,900
  3. Calculate To Emergency Fund
    To Emergency Fund
    3000 = $3,000
  4. Calculate To Debt Payoff
    To Debt Payoff
    510 = $510

Engine last updated . Checked against 1 independently-derived test how we verify calculators.

The questions that sit next to this one — chosen by subject, including calculators filed under a different category.

More in Budgeting & Personal Finance.