Laid off, can I just retire now?
I was just laid off, and trying to decide if I have enough to just be retired bc I don't know emotionally if I can handle trying to go back out there and get another tech job
- Late 30s, VHCOL city
- My net worth is $1.96M ($3.7M if including my partner's net worth), we have $200k in cash
- Annual expenses across both of us is ~$130k, live in a rent-controlled apt that's $3.5k/month
- Partner is still working, they're a founder who's paying themselves $120k a year, lots of paper equity that we aren't including in our NW bc it's early stage but they've got enough runway left that we're not worried about them being out of a job for the next 2+ years
Trying to figure out healthcare - if we should get married and I get on their health insurance for now, or if we stay "single" and I get on medi-cal or ACA? I think at least for 2 years I could just live off of our cash (+ them continuing to work) and for healthcare get ACA subsidies
I guess if partner's company implodes in a few years or economy downturns I'm willing to rover/doordash/whatever + cut expenses down, but also the company could do well and then we're fine?