Sammie and Michelle take a look at what a financial runway is, how to calculate your financial runway and the benefits of knowing your runway. Knowing your runway is helpful if you want to take time off work and are wondering how to prepare for a sabbatical and/or if you find yourself unexpectedly out of work and want to know how long you can live off your savings and investments.
Show Notes:
Catch Michelle on the Pathless Path Podcast
Related Status Post Adulting Episodes:
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