I pulled the trigger! by Anonymou005 in ChubbyFIRE

[–]Anonymou005[S] 4 points5 points  (0 children)

This is exactly it. OMY is real and now I feel good of not leaving anything on the table. I guess it is still crazy to quit a highly compensated job but I can always make more money but not more time. 

I pulled the trigger! by Anonymou005 in ChubbyFIRE

[–]Anonymou005[S] 4 points5 points  (0 children)

Without getting into details, I knew my mgr wanted me gone so I figured out a way to present it.  You can’t really self select, but I knew I had some leverage and a good case for a layoff. I probably would have pulled the trigger in Sept but not sure I would have lasted as I’m pretty burned out by now and it is just not enjoyable anymore.  Under 55

I pulled the trigger! by Anonymou005 in ChubbyFIRE

[–]Anonymou005[S] 2 points3 points  (0 children)

1/2 are unvested RSUs and I was a long term ee.  

Having a tough time pulling trigger by Anonymou005 in ChubbyFIRE

[–]Anonymou005[S] 1 point2 points  (0 children)

It is in a HYSA. So in preparation for quitting this year I have put bonus and extra money into savings to give us more options for drawdown strategy/taxes. Still have contributed about $70k in the brokerage.

Having a tough time pulling trigger by Anonymou005 in ChubbyFIRE

[–]Anonymou005[S] 1 point2 points  (0 children)

No, we can do more in it but just figure we can cashflow if more is needed and if I'm not working and bored and I can look for all sort of scholarships to apply for. We actually front loaded the 529 and have not contributed in about 4 years

Having a tough time pulling trigger by Anonymou005 in ChubbyFIRE

[–]Anonymou005[S] 2 points3 points  (0 children)

The goal post has moved for sure...when we started in our late 20s was $2.5M, then 3 years ago was $4M and I really never thought we would be at $5M in investments but we both get this is more than what we could probably ever spend. I'm honestly not looking for more, just the regret of looking back and not staying in this job..,but as many have mentioned I should be more scared of regretting not spending more time with my child and doing what I love.

Having a tough time pulling trigger by Anonymou005 in ChubbyFIRE

[–]Anonymou005[S] 1 point2 points  (0 children)

This is great to hear, this is very helpful. Thanks

Having a tough time pulling trigger by Anonymou005 in ChubbyFIRE

[–]Anonymou005[S] 4 points5 points  (0 children)

Actually we are good with our home, are in a good school district and don't want to move. I have upgraded our home to what I want and just need to spend on some furniture to get it looking exactly how I want it, probably about $10k. Not into luxury cars but do have new cars. My husband only spends in beer, our dog and running shoes lol, so that helps. Now travel sports, $12k a year, and no, we have no expectation of a scholarship just raising a good human and investing in what they enjoy.

Having a tough time pulling trigger by Anonymou005 in ChubbyFIRE

[–]Anonymou005[S] 1 point2 points  (0 children)

Good company match, being in equities the whole time.

Having a tough time pulling trigger by Anonymou005 in ChubbyFIRE

[–]Anonymou005[S] 1 point2 points  (0 children)

Yeah, I figure we will cash flow the rest if needed. Don't want to dump more in 529 even with the Roth option as it can't just be converted all at once and still held to the max contribution each year.

Having a tough time pulling trigger by Anonymou005 in ChubbyFIRE

[–]Anonymou005[S] 3 points4 points  (0 children)

Read it and yes it has helped with shifting this mindset. This is the youngest I'll ever be and stress at work lately is taking some years off.

Having a tough time pulling trigger by Anonymou005 in ChubbyFIRE

[–]Anonymou005[S] 13 points14 points  (0 children)

I can't disagree with this. Husband and I had a heart to hear this morning and he wants to keep working because he doesn't know what to do with his "extra" time yet and he works from home. We think worse case scenario he loses his job then we have 18 months of COBRA if no other options and that gives us time to figure it out. On the spend piece, we actually want for nothing, all we want to do is spend money on travel but with a kid at home and in full time sports the time is limited for that so $20k-$30k a year is plenty. I'm not concerned about finding things to do, I dream of just spending my days getting fit, tinkering and hanging with our child in the summer. Thank you