User Panel
Been getting by since Dec 29
Yeah it sucks but could be worse. It is holding us up a bit from building our retirement home. Oh it could be done tomorrow but then we'd have no place to stay while it's being built. |
|
I could go to work doing locums the day after making more money than I was making at the job that fired me.
The market for anesthesia folks in my AO is desperate for help. I also don't live eyeball deep in debt and have a nice nest egg to fall back on. |
|
|
|
Bad. Since I just started a job after 6 month of unemployment
|
|
no sweat. I'd likely have a job by the end of the week. and savings account would cover my pay for 20 weeks. wife still works.
ETA what happened in 2008? |
|
House almost paid for, cars are ours. No debt otherwise so we could live comfortably on $2k/month given today's prices. If I didn't lose bigly in the market at the same time, I could move everything to 5% money markets and make far more than that. Actually, doing that would net me more than I make working. I'll think this over when I'm waking up at 4am tomorrow to go to work.
|
|
We would probably be ok. Might not even need to find a replacement job, but in the circumstance you describe I would be hitting places up as a fallback in case my “no work again” philosophy didnt pan out.
|
|
I'm self-employed but if I lost my main source of income, I'd be screwed in three months or so.
|
|
Not bad at all as I would have another job with one phone call
|
|
Quoted: My company pays out PTO when employees leave. Right now they'd owe me for a month of PTO, which I could stretch to last a while before needing to dip into my retirement accounts. View Quote My wife will retire at the end of 2024 and will have a hefty check coming. She's been banking PTO and comp time for decades. Her coworkers use every minute of theirs up as they earn it. She is rarely ever sick and limits her vacation days (usually when I give her enough shit if it's been too long since we left town). |
|
Happened to me in Spring of 2017. We did fine. And we'd still be fine if it happened today.
|
|
Quoted: I'd be fine. Paid off home. And 400+ hours of vacation that would pay out on my departure. View Quote If we both lost our jobs tomorrow, we'd be in good shape until 2029 and if we cut expenses a little, could add another 6 months roughly. If only one of us lost work, every year that the other worked would yield another year's worth of capital because our expenditures are so low. |
|
I'd be good for a bit.
Owe very little on the house. Have enough in my checking to cover regular bills for well over a year Have almost a years gross salary saved. Could liquidate quite a bit if forced to. But could just easily start hustling up work for myself or get a job the next the day with another company. May not like the forced decision but could deal till I found something more to my liking. Hopefully it never comes to that though. I like where I'm at. |
|
As a full-time freelancer since 2005, I’ve never had guaranteed work beyond 2-4 weeks out at any given time. I guess I’d be fine for 6 months or so.
|
|
House and cars are paid off. No debt. 1 year emergency savings. I'd probably take a long worldwide vacation for a few months before I get another job. |
|
Nobody wants to do my job cause it sucks (car mechanic)so I’d have another job within the week.
|
|
|
Cars were bought with cash. House is paid off. I have money in the checking account. I have more in my savings. Then even more in CDs. I would be good for a while.
|
|
I'd be okay for a month or two as long as I could find another job. But if my job ended because of market pressure on the entire industry, I'd be screwed. The days of being able to make ends meet with a temporary shit job are over in this economy. And I'm too old to be fucking around doing heavy physical shit anymore.
|
|
|
I’m a nurse.
Probably a pay cut for a while, but absolutely no worries about bills. One of the reasons my sons are in Skool to be an RN. Always a job. Always. |
|
It would effect my toy fund and pride but the wife could take over and I could be full time stay at home dad.
|
|
|
Have enough connections to find a job relatively quickly. I can turn my second job full time to cover expenses and my wife can always pickup more days at the hospital and we would be fine.
|
|
In 1 year all my debt including my home is paid off. Would have a year of emergency funds then.
|
|
Been there, done that. Fired over the phone last year. Complete surprise.
Sucked, but we're managing. |
|
They did that to me during Covid. I went ten months, with little issue. Honestly I don’t think I’d be upset.
|
|
I’d be fine for an early retirement. 9/11 taught me to become debt free, and I finally achieved it a year before Covid.
In retrospect, I would have been better off with More Debt, and more real-estate, but the simplicity of debt freedom is a beautiful thing. I could live off my dividends at this point, 87k a year, give-r-take. The hardest part would be not buying stupid shit every-time someone posts a deal, and giving up most of my future dreams of living the country gentleman life. |
|
I would take a few weeks off and enjoy myself, maybe visit some friends I haven’t seen in a while. When Im ready to go back to work I would have a job or 5 in about the time it would take me pull out my phone .
|
|
I've got 6 months expenses and marketable skills that are in demand even when the economy is doing poorly... I'll be fine. It may not be a great job but I'll have another job before the weekend
I might have to postpone buying another diesel pickup and a smaller tractor though |
|
I've been fired before with no warning.
While not ideal, I imagine I would get over it again. |
|
I'd be fine. I paint cars and I have a stellar reputation for it. I could take any open positions and probably take someone else's job if I became available . Plus my house is paid off and I have money so no immediate threat.
|
|
I can simply retire. My only bills are tax/insurance, utilities, food, gas. I need 2k per month to get by. I can draw that off 401k.
|
|
Quoted: No severance pay, nothing at all. I have a feeling we're going to end up in a situation even worse than 2008. View Quote I have not 1 but 2 great Governement Jobs, I like working for them that much! Seriously whichever one let me go I'd just work more for the other one. Of course one being a Reservist they are kind of stuck with me until the contract ends. |
|
I'd be good for a month or two until the sale of my butthole pics ramped up in the EE.
|
|
I could last a year or two with what I have in the bank. Just paying my mortgage nothing else almost 3 years.
|
|
I live so frugal that I could probably just stop going to work right now.
|
|
I live below my means. I've not quite gotten to fuck you levels of money yet, but a see you later wouldn't scare me.
|
|
I'm retired but work a part time job a few hours a week. I can live without the job. It's just something to do with a few benefits.
|
|
|
Union EHS appointment so I'm safe from layoffs.
Last of the fire fighter job codes and less that 250 seniority so they have to decimate the job force to get to me. 13 years on the job. Almost 37 so I can start again out of NY if I had to. I would cut trees all day every day until my knee gave out. |
|
We all got laid off with no notice 2 years ago in Iraq. We were told at 0900 we were out of a job, pack your gear, get all your equipment turned in and signed off, and the planes started leaving at noon.
I have been trying to find another contract ever since, to include Ukraine and Israel. I have received a few offers, but they were rescinded because it seems most ME countries won't give you a work permit when you are over 55. So, since the first of the year I have been making about 250 bucks a month teaching English online. My credit is now shot, so I can't qualify for anything that requires a clearance. Thank God I am in the Philippines where you can live on almost nothing, and that the house is paid for. |
|
With no debt and money saved, no worries. Lots of people don’t live within their means, it would be bad for them.
|
|
Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!
You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.
AR15.COM is the world's largest firearm community and is a gathering place for firearm enthusiasts of all types.
From hunters and military members, to competition shooters and general firearm enthusiasts, we welcome anyone who values and respects the way of the firearm.
Subscribe to our monthly Newsletter to receive firearm news, product discounts from your favorite Industry Partners, and more.
Copyright © 1996-2024 AR15.COM LLC. All Rights Reserved.
Any use of this content without express written consent is prohibited.
AR15.Com reserves the right to overwrite or replace any affiliate, commercial, or monetizable links, posted by users, with our own.