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Personal Investments • Laid Off with a large severance - any financial advice?

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Wouldn’t a drawdown in equities put me at substantial risk?
My wife has a steady, high income in a medical profession and is unlikely to lose her job soon (though stranger things have happened). She’s also seen an increase compensation in the last quarter, and it’s expected to continue, which will only help our financial situation. We could also hop onto her benefits plan if needed, although it isn’t quite as generous as my (soon to be former) employer. Her compensation could probably carry us indefinitely if needed.
Not much risk here. Just focus on your job search and less on optimizing the severance.

Statistics: Posted by Goal33 — Tue Nov 12, 2024 4:02 am — Replies 6 — Views 436



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