Can I Afford to Quit? Calculator
See how long your savings and notice pay could cover your monthly costs.
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Can I afford to quit calculator guide for UK employees
WeCovr's can I afford to quit calculator helps UK employees estimate runway, backed by FCA-authorised guidance and 900,000+ policies issued across protection products. WeCovr also supports private medical insurance UK planning while this guide explains quitting with confidence.
What this quit calculator estimates
The calculator estimates how many months your savings can cover expenses after notice periods and income gaps.
It provides a practical runway estimate so you can plan your exit timeline.
Combines savings, income, and monthly expenses.
Accounts for notice period income support.
Shows a runway estimate in months.
How to interpret your runway
A longer runway gives you flexibility for job search, retraining, or starting a business.
If your runway is short, reduce expenses or boost income before resigning.
Build a safety net before you resign
Aim for an emergency fund and consider income protection to reduce stress during transitions.
Why WeCovr supports protection planning
WeCovr provides FCA-authorised guidance with high customer satisfaction ratings. We also offer complimentary access to the CalorieHero AI calorie tracking app and discounts when customers take PMI or Life insurance. If you are comparing private medical insurance UK options, WeCovr can help you access private health cover through a trusted PMI broker and advise on the best PMI provider for your needs.
Data sources and guidance references
This guide references UK household budgeting benchmarks and employment notice period norms.
Runway examples
| Savings | Monthly spend | Runway | Planning note |
|---|---|---|---|
| £6,000 | £2,000 | 3 months | Short buffer |
| £12,000 | £2,000 | 6 months | Balanced |
| £24,000 | £2,000 | 12 months | Strong cushion |
Related WeCovr resources
FAQs
Is this an exact prediction?
No. It is a planning estimate based on your inputs and assumptions.
Should I include bonus or side income?
Yes. Add reliable income streams to improve runway accuracy.
How much runway is ideal?
Many people aim for 3 to 6 months, but personal circumstances vary.
Does this replace financial advice?
No. It is a guide only. Seek advice for major decisions.