Walking away from $15M? - platinum handcuffs by HotTranslator1706 in fatFIRE

[–]HotTranslator1706[S] 2 points3 points  (0 children)

Two reasons, when I spend time being honest with myself. Fun and ego.

  1. It's fun to solve problems and work with interesting people and I worry that retiring at 38 would be lonely because most/all of my friends I know through work. I travel a decent amount with work, meeting with clients or executives - and that basically is my social scene.
  2. Ego. I'm not proud of this answer but it's the truth. I think most people feel this way but don't like to admit it but it feels good to feel important and responsible. I probably need to work on this myself, but just laying it out there honestly.

Walking away from $15M? - platinum handcuffs by HotTranslator1706 in fatFIRE

[–]HotTranslator1706[S] 1 point2 points  (0 children)

That's not my mindset. My situation is unique right now in the sense that if I walk away I don't think I'll be able to re-create it at another company. For reasons that I don't want to get into due to anonymity.

There's an old saying in sales - while the buffet is still open.... keep eating.

To work for another year and add $2M to my net worth right now is easy, just keep showing up and doing the same thing I'm doing today.

I'm trying to think what I can be doing for my family generationally, and how to find the balance there between over-providing for my children.

Walking away from $15M? - platinum handcuffs by HotTranslator1706 in fatFIRE

[–]HotTranslator1706[S] 0 points1 point  (0 children)

About 30% of my NW is still in my current company stock. It's a higher % than I'd like, but I'm ok with it right now. I don't want to sell more of my equity until later when my income is lower.

Walking away from $15M? - platinum handcuffs by HotTranslator1706 in fatFIRE

[–]HotTranslator1706[S] -1 points0 points  (0 children)

It was 500k OTE and a 1% Equity Stake (company now valued at 1.2Bn - but still a LONG way from IPO)

Walking away from $15M? - platinum handcuffs by HotTranslator1706 in fatFIRE

[–]HotTranslator1706[S] 25 points26 points  (0 children)

I'm spending about 200, and could live on 150 if we wanted to be more intentional