EFIT™ 'F-IT' Fund Calculator - Exit to Next It™

🧮 EFIT™ 'F-IT' Fund Calculator

Emergency Freedom & Impact Treasury Fund
Determine Your Financial Readiness to Exit Corporate Life

What is an "EFIT™ Fund"?

Your EFIT™ Fund (Emergency Freedom & Impact Treasury) is your financial safety net that gives you the confidence to make bold career moves. It's the money that lets you say "F it, I'm doing this" when opportunity calls.

This calculator helps you determine exactly how much you need in your EFIT™ Fund and assess your readiness to take the leap into entrepreneurship or your next big career move.

Complete the 4-step assessment below to get your personalized readiness score and next steps.

How much should be in my EFIT™ Fund?
Your EFIT™ Fund should cover 3-12 months of expenses, depending on your risk tolerance and business timeline. Most successful entrepreneurs recommend 6-9 months for a comfortable transition.
What counts as "liquid savings"?
Liquid savings include checking accounts, savings accounts, money market accounts, and any cash you can access within 24-48 hours without penalties.
Should I include my 401(k) in my calculations?
We calculate retirement accounts at 30% of their value to account for taxes and early withdrawal penalties. It's better to avoid touching retirement funds if possible.
What if I'm "Not Yet Ready"?
Don't worry! This just means you need more time to build your fund or refine your plan. Use our resources to create a clear roadmap to readiness.
What about health insurance after leaving my job?
You have several options: COBRA (expensive but keeps your current plan), marketplace/ACA plans, your spouse's plan, or short-term coverage. Research costs and coverage before you leave - this can significantly impact your monthly expenses.
Is my financial information secure?
Yes, all data is transmitted securely and used only for providing your personalized assessment and recommendations. We do not sell or share your information with third parties. See our Privacy Policy for complete details.
Is this financial advice?
No, this calculator is for educational and informational purposes only. It is not financial, legal, or investment advice. Always consult with qualified professionals before making major financial decisions.
How accurate is this calculator?
This calculator provides a comprehensive assessment based on proven financial planning principles. However, everyone's situation is unique - consider consulting with a financial advisor for personalized advice.

Important Legal Disclaimer

NOT FINANCIAL ADVICE: This calculator is for educational and informational purposes only. The information provided does not constitute financial, investment, legal, tax, or professional advice. Results are estimates based on information you provide and should not be relied upon for making financial decisions.

PERSONAL USE ONLY: This tool is intended for your personal use and discretion only. Individual results will vary based on personal circumstances, market conditions, and other factors beyond our control.

CONSULT PROFESSIONALS: Always consult with qualified financial advisors, accountants, attorneys, and other professionals before making significant financial or business decisions. Past performance does not guarantee future results.

NO WARRANTIES: We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the information provided.

TRADEMARK NOTICE: EFIT™ Fund and "Emergency Freedom & Impact Treasury" are trademarks of Exit to Next It™. All rights reserved.

Step 1 of 5: Monthly Expenses

🏠Monthly Burn Rate

Let's calculate your monthly expenses to determine your baseline EFIT™ Fund target

💡 Why this matters: Your monthly burn rate determines how much money you need to maintain your current lifestyle. We'll also show you how much of your resources are immediately accessible versus requiring more time or penalties to use. Be honest and include everything - this is your financial foundation.

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Include rent or mortgage payments, property taxes, HOA fees, and basic home maintenance costs. This is typically your largest expense.
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Electric, water, gas, internet, phone, streaming services, and other recurring monthly bills.
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Groceries, dining out, meal delivery, coffee, and other food-related expenses. Don't underestimate this category!
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Car payments, insurance, gas, maintenance, public transit, rideshare, and parking costs.
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Student loans, credit card minimum payments, personal loans, and other debt obligations. Only include minimum required payments.
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Health insurance premiums, regular medications, therapy, dental, vision, and typical medical expenses.
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Childcare, gym memberships, personal care (hair, nails), clothing, entertainment, hobbies, and other lifestyle expenses that matter to you.
Include childcare, self-care, entertainment, and other personal expenses
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How many months of expenses do you want to have saved? 3-6 months is conservative, 6-9 months is comfortable, 9-12 months gives maximum flexibility and peace of mind.
6 months
3-6 months = Conservative | 6-9 months = Comfortable | 9-12 months = Maximum flexibility

💰Current Reserves & Income Buffers

Tell us about your existing financial resources and income streams

💡 Why this matters: These are the funds and income sources you already have that can contribute to your EFIT™ Fund. We'll calculate how much of each is truly accessible during your transition.

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Money you can access immediately: checking accounts, savings accounts, money market accounts, CDs you can break without major penalties.
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Monthly income from freelancing, consulting, existing business, rental property, or other side income that will continue during your transition.
Monthly average you can rely on during transition
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Total value of 401(k), IRA, and other retirement accounts. We calculate this at 30% of face value due to taxes and early withdrawal penalties. Use only as a last resort!
Calculated at 30% value due to penalties (last resort)
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Stocks, bonds, crypto, brokerage accounts, and other investments you could liquidate. We calculate this at 80% of value to account for potential market fluctuations and taxes.
Stocks, bonds, crypto - calculated at 80% value
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Amount you could access through HELOC, refinancing, or selling your home. We calculate this at 60% of equity to account for costs and market conditions.
Via HELOC, refi, or sale - calculated at 60% value
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Financial support from family or friends that you could realistically access if needed. Only include amounts you've actually discussed or that you're confident about.
Only include realistic, discussed support
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Money you know is coming: annual bonuses, commission payments, tax refunds, or other expected income in the next 6 months.
Expected income in the next 6 months

🏦Credit & Bankability Factors

Assess your financial flexibility and access to capital

💡 Why this matters: Your creditworthiness and banking relationships determine your ability to access additional funds if needed. This creates a backup safety net beyond your F It Fund.

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Your FICO credit score determines your access to loans and credit. 670+ is good, 740+ is very good, 800+ is excellent and opens all doors.
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Sum of all your credit card limits. Higher limits indicate banks trust you and provide emergency access to funds (though using credit should be a last resort).
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Total current credit card balances. Lower debt means more available credit and better credit utilization ratio, which improves your financial flexibility.
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Business credit cards, lines of credit, or SBA loan pre-approvals. Business credit is often easier to get and has better terms than personal credit.
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Personal loans, home refinancing, or other borrowing options you've been pre-approved for or could easily qualify for based on your financial profile.
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Strong banking relationships can provide access to better rates, higher limits, and more flexible terms. Personal bankers can be invaluable during transitions.

🛡️Protection & Insurance

Assess your insurance coverage and protection during the transition

💡 Why this matters: Losing employer benefits is one of the biggest risks in leaving corporate. Having proper insurance protection reduces your financial risk and the amount you need in your EFIT™ Fund.

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How will you maintain health coverage after leaving your job? COBRA is expensive but comprehensive, marketplace plans vary widely, spouse's plan may be ideal if available.
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What will you pay monthly for health insurance after leaving your job? Include premiums, deductibles you expect to meet, and regular prescription costs.
Include premiums and expected out-of-pocket costs
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Do you have life insurance outside of your employer? If you have dependents or debt, maintaining life insurance coverage is crucial during your transition.
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Disability insurance replaces income if you can't work. Most people rely on employer coverage and lose this protection when they leave. This is especially important for entrepreneurs.
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This is money set aside specifically for true emergencies (medical, major repairs, etc.) that's separate from your business transition fund. Having this reduces pressure on your EFIT™ Fund.
Separate from business transition funds
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Professional liability, general liability, errors & omissions - what insurance will your new business need? Planning for this now prevents surprises later.
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Estimate your total monthly insurance costs after leaving corporate: health, life, disability, business insurance. This helps ensure your monthly expense calculations are accurate.
All insurance premiums combined (health, life, disability, business)

📅Timeline & Exit Strategy

Plan your transition timeline and business strategy

💡 Why this matters: Your timeline and business readiness affect your financial needs and risk profile. A solid plan reduces the amount of money you need to feel confident about your transition.

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When do you want to leave your current job? This helps calculate how much time you have to save and whether your current trajectory will meet your EFIT™ Fund goal.
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How much can you realistically save each month toward your EFIT™ Fund? This helps determine if you're on track to meet your exit date goal.
Realistic amount you can save monthly toward your fund
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A solid business plan reduces your financial risk. The more prepared you are, the less money you need to feel confident about your transition.
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How much revenue do you realistically expect to generate in your first 6 months? Having income projections shows you've thought through the business viability.
Realistic revenue expectation for first 6 months

📊 Your EFIT™ Fund Summary

Monthly Expenses: $0
Monthly Income: $0
Desired Runway: 6 months
EFIT™ Fund Goal: $0
💰 Liquid Cash
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Money you can access today — your first line of defense
 $0
🏦 Accessible Capital
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Available but slower, with possible penalties or process
 $0
🤝 Other Sources
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Expected income and potential family support
 $0
Total Available: $0