How many months runway should I have before quitting?
Many planners suggest 6 to 12 months of expenses plus buffer for job search length in your field.
Behavioral lens: Loss aversion
Can I Afford This?
Runway months and a Panic Index for quitting, parental leave, or a sabbatical using provincial cost baselines. Plus a behavioral lens on loss aversion so the math matches your mindset.
Educational estimates only. Not personalized advice. Data targets 2026 Canadian rules.
Your situation
Income drops to zero. Runway is everything.
$
Baseline for ON: about $3,420/mo
$
Panic index
Cautious but workable
Plan carefully before making the leap.
- Runway without income
- 11.7 months
- Monthly burn used
- $3,420/mo
- Shocks you can absorb (0 to 5)
- 5 / 5
Behavioral lens: Loss aversion
Loss aversion on big life leaps
Quitting, parental leave, and sabbaticals trigger loss aversion: you feel the income drop before the freedom gain. Runway months turn panic into a plan with a number.
Replace panic with a numbered plan
PsyFi tracks runway and spending triggers so big moves happen from strength, not impulse.
Plan my leap in PsyFiFAQ
Is this PsyFi calculator free?
Yes. Every PsyFi free tool runs in your browser with no signup. We built them to pair accurate Canadian math with behavioral science, not to gate basic estimates behind an account.
Does PsyFi store what I type?
No. Inputs stay on your device. Nothing you enter is sent to PsyFi servers.
Is this personalized financial advice?
No. These are educational estimates using published Canadian rules for 2026. They are not tax, legal, mortgage, or immigration advice. Confirm current rates and your situation with qualified professionals before acting.
Estimates for education only. Not financial, tax, mortgage, immigration, or legal advice. Canadian rules and rates change. Verify current figures with qualified professionals before making decisions. PsyFi tools add behavioral context; they do not replace personalized planning.