[RHSeeger]

> If you're making enough to sustain a $2M net worth, either you are skilled enough to be able to find another job quickly (highly experienced individuals are always in demand) and you are just not confident enough to realize your worth—or, you are not skilled enough to get another job quickly and are being paid above your worth.

As someone who was out of work for ~13 months during the dotcom bust; this is absolutely false. Sometimes, things work out such that getting a new job is more complicated than just having a good skill set. And honestly, the idea that "if you can't find a another job quickly, you're clearly not very good at your job" is flat out insulting.

> I would suggest saving up an emergency fund to the point that you are not scared of losing your job.

13 months eats a lot of runway.

[zappchance]

> And honestly, the idea that "if you can't find a another job quickly, you're clearly not very good at your job" is flat out insulting.

To be clear, I was only referring to leadership or management roles (given the context of a millionaire in this industry). At that point in your career I would expect one to have many career connections and/or enough sheer charisma and experience that makes landing a job doable if not a breeze.

It's not meant to be particularly insulting, just realistic.

> As someone who was out of work for ~13 months during the dotcom bust; this is absolutely false.

I didn't consider exceptional events such as the dotcom bust, or the 2008 financial crisis or the Coronavirus pandemic and subsequent inflation. If we include those, I do agree that if makes sense to fear losing your job.

I do concede that we've had multiple "once-in-a-lifetime" industry upsets in a very short while and with that context it could make sense to panic. But in normal circumstances, I still think fearing job loss as a millionaire comes from somewhere more emotional/instinctual than rational.