Thread regarding Chevron Corp. layoffs

How much wealth is enough to call it quits

Or in other words, what is your number? How much is enough for you to go to your boss and tell FU you won't see me in the office tomorrow.

My number if 5M, what is yours?


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| 1 view | | 17 replies (last 5 minutes ago) | Reply
Post ID: @OP+1kv7z9xpz

17 replies (most recent on top)

Who knew CVX was minting so many multi millionaires! The Company must be just shoveling money at people every morning when they come through the doors.

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Post ID: @ks+1kv7z9xpz

Depends if the kids are still on payroll or not, mortgage payment, projected health care costs, along with overall quality of life. For Houston, a family of 4 with income of 300k per year is considered affluent. So 7million would be a very good target to live very comfortably. For most people 4million would be more than enough if they are empty nester.

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Post ID: @g6+1kv7z9xpz

20 MM is a solid number IMO.

You're not getting that at Chevron alone.

I've got 4 other income streams.

Lot of you guys have put everything in the Chevron basket and have 1 income.

That's insanity.

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Post ID: @f9+1kv7z9xpz

OMG but I need to WFH or I'm gonna lose my mind, I can't afford this, I can't afford that, I have no career growth, no promotions Waaah Waaah Waaaaah!!!!!
My the Irony is so deep you need hip boots lol.

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Post ID: @f1+1kv7z9xpz

I am 52 and if I include lump sum and severance should have about 5.5. That’s about 240k per year with the 4% rule well below my base pay, bonus and stock that I make every year. To maintain the a lower standard of living, tuition for kids for another 8-9 years, health care, property taxes, taking care of extended family, two weddings in the next 5 years at 250k each, vehicles, insurance, taxes on retirement income and have at least 250 k in disposable actual income, I need at least 350k in actual income in a down market . Projected over 20-30 years accounting for inflation long term care, hospice care, assisted living etc. Iwhich will get very expensive over that time period, so it could be quite tricky. So Social security, Medicare would help but only after 64.5 years, so my projection is 8 MM with the 4% rule factoring in all of this. I need 3 MM in the next 5 years or in a shorter timeframe if I am let go sooner than later.

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Post ID: @en+1kv7z9xpz

100 bitcoin

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Post ID: @ek+1kv7z9xpz

4 million at least in Houston

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Post ID: @da+1kv7z9xpz

20 bucks. Can I borrow a tenner?

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Post ID: @d5+1kv7z9xpz

500 - MW

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Post ID: @cp+1kv7z9xpz

4.5MM

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Post ID: @b8+1kv7z9xpz

2-2.5m. I was at low paying service companies until 2022 so I don't have high cost needs for living. Thankfully I'm only 4-6 years away from the amount I need.

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Post ID: @at+1kv7z9xpz

Yet CVX employees all seem underpaid miserable slaves going by the tone of most of these posts, lol. One would think you guys are all slaving away for minimum wage lmao!

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Post ID: @ar+1kv7z9xpz

Enough to pay the bills each month (4K), take a nice trip twice a year (10K), so 70K a year and I have maybe 35 years left in life...with inflation, 3MM. If SSA holds up, thats my monthly so...if i had 500K (I do) its all I need.

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Post ID: @ak+1kv7z9xpz

10

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Post ID: @aa+1kv7z9xpz

$20 million is my minimum to be comfortable given all the uncertainties in the world today. But I tell my boss of regularly anyhow, haha.

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Post ID: @a8+1kv7z9xpz

8 Million

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Post ID: @a5+1kv7z9xpz

12MM

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Post ID: @a4+1kv7z9xpz

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