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iamdisillusioned ,

6 months is the usual rule, but you should assess your likelihood for extended unemployment. Do you live in a states with low unemployment payout? Is your career in a niche industry? Do you live in an area with fewer jobs overall? All those factors would make me consider pushing to a year+ of liquidity.

alex ,

OP specifically asked about EU, where we generally have unemployment benefits and at least a bit of job stability :)

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