CalcWise Pro

Severance Pay & Job-Search Runway Calculator

See your severance payout and how long it covers you.

Open the Interactive Calculator

How It's Calculated

Severance Pay = Years of Service × Weeks Per Year × Average Weekly Pay.

Runway = Severance Pay ÷ Monthly Essential Expenses.

Example

Example: 4 years of service at 2 weeks/year and $1,500/week average pay yields $12,000 in severance — covering about 3.4 months of $3,500/month essential expenses.

Frequently Asked Questions

Is severance pay guaranteed?

No — in most of the U.S. it's not legally required unless specified in a contract, company policy, or WARN Act situation. Check your offer letter or employee handbook.

How long does a typical job search take?

It varies widely by role and market, but 3-6 months is a commonly cited range — plan your runway with a buffer.

Try the Severance Pay & Job-Search Runway Calculator Now