Payout and how long it lasts.
A worked example
Starting figures
- Salary
- $85,000
- Years of service
- 6
- Weeks per year of service
- 2
- Monthly spending
- $3,800
What it returns
- Severance
- $19,615
- Months of runway
- 5.2
- Weeks of pay
- 12
- After 25% withholding
- $14,712
How to read the results
With the defaults above, severance works out at $19,615.