12 mos liquidity, without having Cobra payments. Plus, enough to pay off the house should I really be hurting (have to work until I'm in the grave that way, but I'd keep a roof over my head). Kids' college money is fully funded and separate from the "family funds".
I can thank the parents for riding college for me. Other than that it was all done by working for a regional for near 10 years.
I am set to where I can keep my house if I can find a job that would provide insurance and very little else without drawing down on my liquid reserves.
I think too there are other aspects to look at as well.
How's your debt situation? Do you have a mortgage, student loans, 2 tight whips in the driveway? Home equity debt? Or the worst, consumer credit debt? Is the ratio far beyond your asset base?
Thank god I've never had to test the theory, but I've built my life around the ability to keep a roof over my head and feed my family off far less than I'm making now. I've met way too many people in this industry, who through no fault of their own, have lost everything they've had. It's made me very conservative on the financial side.