$273k means you would be hitting the top marginal federal income tax rate and also the net investment income tax. If you are in a state with high state income tax rates, your additional $100k nets you $50k. Of which maybe $10k goes to replace the post-tax income you lost for the month you spent looking for a job.

$40k in the bank is a nice bonus, but I wouldn't quit a job I liked for it.

Also getting a new job is a pain. I don't like doing it.

It reminds me of people flippantly declaring "just sue!" as if it's an easy or pleasant thing to do.

>> Also getting a new job is a pain. I don't like doing it

Agreed. A pain, and also a risk. A huge part of job satisfaction is working for a manager that you respect, and you can't really know that until you've been through some shit.

It depends on the terms, is it a lump sum? Or would the paychecks end when you get the new job?

Severance (or "buy-out"), is typically (in my experience) a one time lump sum event.

Why would they end? What business is it of theirs?

I think this is continuing your pay until you find new job... not as sexy as you think.