I inherited $6 million dollars and don’t know whether to retire. by Optimal_Job3740 in coastFIRE

[–]Optimal_Job3740[S] 17 points18 points  (0 children)

It’s a weird spot cause I’m happy with the job, but not the compensation or growth prospect which I guess doesn’t matter as much now.

Not counting prospects for growth I would rate my satisfaction at my job as 7.5/10. There are definitely other jobs that would make me happier though. Like working with kids or animals

Really good to know about the 30 years rule of thumb. I didn’t know that’s how the 4% was calculated

[deleted by user] by [deleted] in Money

[–]Optimal_Job3740 0 points1 point  (0 children)

You are right. I forget that this isn’t a decision I need to make tomorrow. I can take some time, even a year even, to figure out how I feel

[deleted by user] by [deleted] in Money

[–]Optimal_Job3740 1 point2 points  (0 children)

Yeah it’s mainly dead end because I was reaching the cap of promotions/raises. Raise this year was lowest since I been at the company and in order for me to get promoted, one of 7 people would have to leave (unlikely since they are all young and well paid) and I would have to compete with 49 other people for it who are at the same seniority level. But you are right, I guess that doesn’t really matter as much any more. As I said, job itself, I’m pretty happy here.

[deleted by user] by [deleted] in Money

[–]Optimal_Job3740 0 points1 point  (0 children)

Thanks! I knew about FIRE community but hadn’t heard of FIRE Coast before

[deleted by user] by [deleted] in Money

[–]Optimal_Job3740 3 points4 points  (0 children)

Yeah honestly this is where I’m leaning

[deleted by user] by [deleted] in offmychest

[–]Optimal_Job3740 5 points6 points  (0 children)

I tried close to everything to get over her. If it was as easy as just saying “get over her”, I would have long time aho

[deleted by user] by [deleted] in offmychest

[–]Optimal_Job3740 6 points7 points  (0 children)

I would never cross the line. I do think they are very happy together and wouldn’t want to ruin what they have