I currently don't have much in a taxable brokerage and/or HYSA, probably about 10k combined. All our money is in retirement accounts.

    I received a layoff notice a bit over a month ago. Once my notice/WARN period is up I'll be getting a severance and PTO payout that will add up to about 110k net after taxes. So I'll have about 120k "liquid" at that time.

    My wife continues to be employed and her pay is enough to cover all our expenses with some extra, so we would theoretically continue to add to that 120k balance. Our monthly expenses are 6k.

    Considering unemployment is always unpredictable, should I just keep that balance liquid and keep adding to it? Or should I be looking to invest a small portion and maybe keep maybe 1 year of expenses liquid (like 75k)?

    Maintain extremely large e-fund while unemployed or invest some of it?
    byu/wyc1inc inpersonalfinance



    Posted by wyc1inc

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