I make 65k right now. If I wanted to freelance, how much more money would I need to be making in order to cover health insurance & whatnot while maintaining the same take-home?

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Posting as :
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Keep in mind, your freelance gig may not be continuous, and you won't get paid on holidays. I#

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$65K equates to $32 an hour.
$65000/(50 weeks * 40 hrs/week)
double that to include benefits etc so $65/hour

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We are Net 60 now, which means you are looking at 3 months before you see a dime.

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^Agree with CD 1. I would change the math to 40 weeks (and that is being optimistic.) Plus make sure you have enough in the bank to at least cover your bills for the first couple of months. Freelance pay can take a while to get to you. I've waited a month for my first check some times.

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You should also pay attention to how you set yourself up as a freelancer as far as agreements you sign, etc. If you're looking to jump out of the nest, make sure your ass is covered on all fronts. It's not as sexy as it looks.

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Don't forget that you have to cover taxes and social security too.

Unless you've made a huge name for yourself, you might want to stay hunkered down in an agency or move over to the client side right now. Freelance isn't exactly the land of milk and honey it used to be except for the most high profile players.

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