Calculate how long your savings can sustain you after quitting your job
Startup term for how many months current funds last. Applied to personal finance, it's how long you can sustain without income.
Typically 3-6 months of expenses. Freelancers, single earners, or unstable industries should aim for 6-12 months.
In Korea, about 60% of prior average wage, with caps and duration (120-270 days) based on age and tenure. Check with the employment center.
Financial Independence, Retire Early — a strategy to save 25× annual expenses for early retirement, based on the 4% withdrawal rule.
Calculate your financial runway after quitting by combining current savings, severance, monthly expenses, and unemployment benefits. Useful for FIRE planning and career gap year decisions.