I work in oil & gas as a contractor, so oil prices are every bit an impact as much, if not more, than the coronavirus. Major, billion dollar projects are being cancelled by my company due to the oil price crashes.
I have been advised to work from home, however several of my direct reports are required to be on site (site work is not shut down on my projects) so I do feel obligated to be present.
Two of my current projects are slated to go through July, and the other for about 14 months from now. If those hold on, I’ll be on my way to Coast FI at the completion, but if these get shut down now, I’ll have a couple years of hard work before I get to that point (whenever I can find an oil & gas job again).
The good news is, my raise officially was approved today. Also, I was given 3 weeks official paid vacation, didn’t have any before. So, if things shut down, hopefully I could use that as a severance.
I have been in “full on dump emergency fund into the market” the last month, but now that my jobs are looking iffy, I will not be investing beyond my standard $10k/mo or so.