I'd recommend this path over the VC + Co-Founders "Startup" life that gets promoted here so often, since I've never seen an outcome from that track that appears to me to be relaxing and enjoyable.
Anyway, regarding the calculator submitted here, it seems to use a bunch of the things I do in (what I consider) my Free Time to deduct from the amount of (what it considers) my Free Time. When I have the chance, I go out Bouldering (which it counts as fitness) or play with my kids if they're off school (which it dings as parenting).
Every hour you're not working for somebody else in exchange for money aught to be considered "you" time. All the other things on that list seem like perfectly fine ways of spending that time.