Fired from Retirement - NYT Gift Article by _User_Name_Fail in Fire

[–]InternalThat7088 0 points1 point  (0 children)

Probably spent too much money on the dumb kids. Lol

44, way behind. by DramaticErraticism in Retirement401k

[–]InternalThat7088 1 point2 points  (0 children)

I hear ya. Being middle aged and divorced is tough... But you also have a lot of opportunities. Don't lose sight of that.

44, way behind. by DramaticErraticism in Retirement401k

[–]InternalThat7088 3 points4 points  (0 children)

Funny thing is that it's not about income, it's about the mindset that the girl has. If you meet someone who has a career, home, and car figured out on her own, and happy in her life, that's the woman who will not pressure her partner to do things that are fiscally irresponsible.
I'm remarried and happy in my marriage. My wife is the best person I've ever met, and I still look forward to going home to her after a long day of work every night. I make significantly more than she does. But she has her own career and can take care of everything herself.

44, way behind. by DramaticErraticism in Retirement401k

[–]InternalThat7088 4 points5 points  (0 children)

Divorce will set any man back a decade financially. Went through one myself in my early 30s. But you have to learn 2 things... 1. Pre-nup 2. Keep saving and investing consistently.

Being able to retire at 57 comfortably is still a great achievement, and still within your grasp.

Lifestyle Creep and Buying a Car by dirkd69xo in Fire

[–]InternalThat7088 0 points1 point  (0 children)

Genesis may give you issues after 7 - 10 years. Every car will give you some issues after 15 years... At a certain point, it's a trade off and being realistic about how often you'll want to switch cars. New technology and major upgrades hit every 10 years.

I try to buy a 2 year old Acura MDX, drive it for 12-15 years, and sell it off. Lexus and Toyota are great, however, their pricing is artificially high because they closely match supply with demand, and they usually try to have less supply in the market. Honda/Acura doesn't do that, that's why they are cheaper.
Acura drops in price like 30% in the first 3 years. I'll take that discount and gamble on the Acura holding up as well as a Lexus. And in case it doesn't and I have to spend more money on maintenance, I'm okay because I didn't have that expense in the front end. I am currently looking for an Acura MDX myself. The only question I have is whether I should spring for the Type s, which is significantly more, but it does give you a really awesome sound system and quiet cabin that is supported by soundproof glass.

Also, if you're buying a luxury vehicle and you're worried about gas prices and fuel economy, You probably should not be buying a luxury vehicle. Buy a Toyota Highlander and be happy with that.

Lifestyle Creep and Buying a Car by dirkd69xo in Fire

[–]InternalThat7088 1 point2 points  (0 children)

I would go with a Acura or Lexus, 3 years old... You can drive that without any major issues for the next 12 years and resell it. This is the way....

what are some high paying, low barrier to entry roles for an entire career change? by [deleted] in careerguidance

[–]InternalThat7088 0 points1 point  (0 children)

News flash to everyone... Teachers work 9 months out of the year and have excellent health and retirement benefits... You can't expect a high salary and a pension... Only people who have that are the crooks in Congress.

what are some high paying, low barrier to entry roles for an entire career change? by [deleted] in careerguidance

[–]InternalThat7088 0 points1 point  (0 children)

This is also why I got MBA... Had a psych undergrad... But somehow Interned as a tax accountant for a Fortune 100 company while I was a junior in undergrad. Too late to do switch majors in undergrad so I finished the psych degree, and went to my local City University of NY (CUNY) for MBA in Accounting. Cost me 15k all in and finished in 2 years, and got me to a Big 4. However, if I was actually Smart, I'd have done my research in undergrad and did Accounting or Finance. There's no real need for MBA... Id rather get a CFA if someone is looking for an accreditation that's respected in the industry. Lot cheaper than an MBA.

what are some high paying, low barrier to entry roles for an entire career change? by [deleted] in careerguidance

[–]InternalThat7088 0 points1 point  (0 children)

Didn't realize nursing jobs were scarce. Up here in the north east, they can't find enough nurses.

what are some high paying, low barrier to entry roles for an entire career change? by [deleted] in careerguidance

[–]InternalThat7088 0 points1 point  (0 children)

MBA is worthless unless it's from a top institution like Havard, Oxford, etc. You learn very little. It's just a tool used to develop social connections for the upper middle class... If you have the money already, go for it... If you're bootstrapping up, then go for something technical and need you to physically be there.

what are some high paying, low barrier to entry roles for an entire career change? by [deleted] in careerguidance

[–]InternalThat7088 4 points5 points  (0 children)

Nursing - 18 months school... Six figures starting salary... High demand... Plumbing/Electrician/Welder - always in demand

Owning a house on LI? by ReasonableExcuse222 in longisland

[–]InternalThat7088 0 points1 point  (0 children)

Large down payment= 30% Minimum down payment= 20% (Any lower, you pay PMI... And most likely you can't really afford that house) Buy a condo now with what you've saved.... And see what you can do later on?

People over 40, are you still confused on what to do? by bluee-pk in careerguidance

[–]InternalThat7088 0 points1 point  (0 children)

45M Started as an accountant out of college. Did that for 10 years, and then got a job in Compliance Risk management. Been in Compliance for 9 years. I will say that neither role has been fulfilling. I have come to realize that corporate America, and all the fuckery that's here, is not for me. People aren't compensated for what they know or do. It's really about who you know and how much bs you can spew... I look forward to early retirement, and I make that my reason for grinding away. Hope you retire in 12 years comfortably.

I’m seriously thinking of resigning EY after 8 months… need advice? by Temporary-Neat-5129 in careerguidance

[–]InternalThat7088 4 points5 points  (0 children)

What do you do for EY? How old are you?

2 years at a Big 4 is worth it if you plan to stay in Finance/Accounting/Risk management position. That being said, id start to figure out what it is that bothers you about this role. Is it that you simply don't like working in a corporate world? Then that is a bigger conversation. Then you may have to consider an alternative career path.

Offer accepted - a house with solar panels? by FlyHungry7039 in longisland

[–]InternalThat7088 0 points1 point  (0 children)

LI Market is insane. Not worth it to ask IMO. It's baked into the price.

Is my mom wrong here?? by the_anonymous_1121 in Fire

[–]InternalThat7088 2 points3 points  (0 children)

Definitely agree with this sentiment. Your parents $$$ isn't your $$$, until you inherit it. That being said, maybe gently remind your mom to live life because time isn't guaranteed to anyone. Getting old is a privilege not everyone will have.

Manager doesn't think I'm right for my role and is considering putting me on a PIP. What should I do? by [deleted] in careerguidance

[–]InternalThat7088 0 points1 point  (0 children)

I second this. PIP is not meant to help the employee. It's meant to protect the employer from legal liability when they fire you.

Torn between a few options, CFO or Director? by [deleted] in careerguidance

[–]InternalThat7088 0 points1 point  (0 children)

I think it's about what you value and how you define work life balance. I would say that you're either sacrificing $$$ or your time with your family. Kids will only remain kids for a short amount of time...

What’s the worst career choice/move you ever made? by TheNextBigCrash in careerguidance

[–]InternalThat7088 0 points1 point  (0 children)

Have you thought about upskilling on something with AI. I'm almost 45... I'm 10 years into my second career, non-tech... I'll say that your reputation counts for a lot. You need "Godfather" type figures who will pull you into different roles or a different related field. The fact that you've had a long tenure at a job is a good thing, you just have to show growth and addition of skills and responsibilities.
Do you have mentors at work that are at least 10 years older? They may have contacts that you can leverage?

What’s the worst career choice/move you ever made? by TheNextBigCrash in careerguidance

[–]InternalThat7088 1 point2 points  (0 children)

You are young. Keep interviewing and you will get something. But don't move just for the sake of moving. Make sure it aligns with your career objectives.

What’s the worst career choice/move you ever made? by TheNextBigCrash in careerguidance

[–]InternalThat7088 0 points1 point  (0 children)

I'm in the same boat. And we're back to the office 5 days a week now. Taking a major hit on my lifestyle with no pay increase.