Thread regarding Cisco Systems Inc. layoffs

How much passive cash flow do you have to buffer a potential layoff?

I'm just starting out and I have $5K net annual cash flow from a investment property.

What about you? Please specify whether if your amount is per year or month.

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| 1331 views | | 11 replies (last February 12, 2024) | Reply
Post ID: @OP+1r0OoVww

11 replies (most recent on top)

$40K in checking, $70K in money market, and $60K in brokerage, to $170K total. Accelerating vesting would increase that number contingent on how long out they accelerate.

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Post ID: @2ckm+1r0OoVww

Good ,you guys will be fired first!

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Post ID: @2dwk+1r0OoVww

$240K from investment properties and $160K from bond portfolio.

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Post ID: @2eyv+1r0OoVww

$300K USD from dividends and interest. I’ll be fine.

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Post ID: @1bgn+1r0OoVww

Enough to keep the current lifestyle up for another 10 years or so. Be mindful that the current lifestyle is and always has been relative sober with low opex.

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Post ID: @1iwi+1r0OoVww

$30K in cash, $1.5M in IRA.

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Post ID: @1hnr+1r0OoVww

I don’t have a side income stream at the moment, but I have a cr-p ton of cash saved up. I’m not too worried if I get canned, but it would be nice to have another job lined up when I choose to leave.

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Post ID: @1wuo+1r0OoVww

$120K per year from rental properties and dividends.

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Post ID: @1msp+1r0OoVww

I have most of my passive reinvest as a DRIP, however, if I needed to pull it from a layoff, I'd have 3-5k a month. Monthly expenses are 3k a month, since bought tiny spot in 2011 down street from HQ.

As for emergency funds, I won't have to work for 4 or 5 years if I want. However, I have a side business that I can focus on that's a pivot away from tech.

Lastly, macroeconomic swing trading will be another stream of income.

And before the cucks come in, I live way below my means, make less than most of you as a SWE, and have only in the last 5 years been this stable.

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Post ID: @tmb+1r0OoVww

15k a month onlyfans

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Post ID: @jrh+1r0OoVww

10k a month from my own saas

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Post ID: @pzm+1r0OoVww

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