I had an interview recently for a job in Virginia. Chad and I have talked about moving back to the East Coast to be closer to our families, so I’ve been looking for jobs there as well as here in California.
If I get offered a job in Virginia, Chad would probably quit his job and come with me. Since we’re in one of the worst job markets in recent history, I’m wondering if this is a smart move. I have no doubt he could find a new job eventually; he’s smarter than I am, and has relevant experience. He has more in savings than I do, so monetarily we’d probably be fine.
Still, there’s a part of me that’s worried.
I was thinking of pulling back on my 401K contributions, (to 8%, enough to get the full match) and socking away more cash. I’m not sure why I feel compelled to do so; after all, the move is purely hypothetical at this point. I also have a job interview in my current city next week. We could stay, and I could wind up kicking myself for wasting the chance to invest. Of course if we do move, I could wind up kicking myself for not having enough cash to tide us over.
What do you think? Should I scale back until it’s not necessary, or keep up contributions until I know for sure we’re going to have a cash flow problem? What would you do?