ProfitShip® Launch Program | The Life Raft Calculator

ProfitShip® Launch Program

by Ellen Springer, MBA, CPA, "Harbor Master"

The Life Raft Calculator

Think of this as your 'what-if' dashboard. Test different scenarios before you take the leap. You're not committing to anything—just running the numbers on paper.

"For which of you, desiring to build a tower, does not first sit down and count the cost, whether he has enough to complete it?" — Luke 14:28
1

Housing & Primary Shelter

$0
2

Utilities & Connectivity

$0
3

Food & Family Essentials

$0
4

Health & Insurance Shields

$0
5

Transportation & Mobility

$0

Gasoline, charging, repairs, parking, tolls

6

Debt Obligations

$0
7

Existing Income & Liquid Reserves

i.e. spouse's take-home monthly salary or other reliable secondary income

Liquid cash set aside in family savings

Important: Only enter income you'll KEEP. If you're leaving your current employment, do NOT include your current salary here. Do include your spouse's income, side gigs, or any steady household income that you do get to keep while you build your business.

8

Tax Rates

Not sure what your tax rates are? No problem. The default values are reasonable estimates. If you know your specific rates (especially your state income tax), feel free to update them. Otherwise, leave them as-is and your calculator will still work.

Capped at $184,500

No income cap

Estimate your bracket: 0-37%

Ranges 0-13.3% by state

Estimated Monthly Taxes You'll Owe on Needed Draw:

$0

Total Tax Burden Rate:

0%

Monthly Survival Line

$0

The baseline cash your family needs each month to keep the household running.

Monthly Shortfall

$0

This amount represents how much net business income is needed to meet your family survival line and protect your personal savings.

Calculated Cushion

0 Months

How many months your savings can cover the shortfall

Harbor Master's Assessment

Household Expense Breakdown

Want Ellen's Eyes on Your Exact Numbers?

This calculator gives you the number. A live session helps you decide what to do with it.

Got your Survival Line? Now check your business's own number in the Waterline Dashboard →

© ProfitShip® Launch Program by Ellen Springer, MBA, CPA

Protecting faith-driven founders before they clear port


Disclaimer: This tool is for planning purposes only. It is not intended to provide professional financial, tax, or legal advice, nor is it intended to include all expenses or circumstances for every situation. Actual values may vary based on your specific circumstances, location, filing status, and other factors.

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