With about 25k in emergency savings and monthly costs of 2.5k/month, I’m actually not too worried about potential layoff. Is this naive??? Or just privilege.

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I mean 10 months savings + unemployment is pretty solid

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I feel like that’s not enough to not be worried. You’d be scraping by for 10 months. It’s can take that long to find the right job in some cases

If you had 60k saved it would be different - you could live two years fine and not need to worry about it. Could even have small splurges here and there if you only needed 10 months to find a job

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2 years scraping by vs 10 months with some splurges here and there...

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Not at all. I’ve actually stopped worrying and stressing about being laid off because of my nest egg - 40k and ~3.5k expenses. Not including 401k. If it happens, take some time for mental health break and then be at it again to looking for a new job. Also my hubby works still in an essential job, so kinda different scenario but I’m the breadwinner. Things will turnaround eventually. I survived the financial crisis with a lot less and on my own.

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Similar case here but I’m not eligible for unemployment because I’m here on a visa so that sucks

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What do you think, OP? 🙄

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Just dropped all my $$$$ on a down payment for a house so hope I don’t lose my job!

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Where do you live op?

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I live in Austin

Are you in California G1? Some immigrants here illegally are eligible for additional support. Do people on work visas have no avenue?

So I guess I am chilling with 120K in the bank and 100K in my 401K

Privilege.

It’s not a privilege depending on where you are at in your career. I’m at 15+ years and starting saving more a while back. I still have school loans, etc. but put aside $ for times like these. Don’t consider that a privilege considering my comp and yrs on the job. I consider that smart.

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