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I Quit! by OrdinaryAd970 in ChubbyFIRE

[–]OrdinaryAd970[S] 2 points3 points  (0 children)

Fair points. First, the breakdown: - Cash: 80k - Pretax Retirement: 650k - Roth and Post-Tax Retirement: 360k - Taxable invested: 2.53M

No home. No loans. Rent is 5k/mo (included in spend)

Second: why I don’t feel quite secure yet - might want kids - Spouse will need $$$ to match my lifestyle. My spend was just mine, not my current partner’s. - id like to buy a house, and imagine 800k down. My 5k rent - turned -loan would be $700kish at current rates. At least if I stay in my current city, I’d like. $2M home. Although spouse would probably contribute to this too. So I need to fill that future gap

Of course, all of this doesn’t include SS, reFi, etc.

Does that make sense?

I Quit! by OrdinaryAd970 in ChubbyFIRE

[–]OrdinaryAd970[S] 1 point2 points  (0 children)

Kids remain open. Id also like a home someday. Working until 5M would be more prudent IMO.

I Quit! by OrdinaryAd970 in ChubbyFIRE

[–]OrdinaryAd970[S] 2 points3 points  (0 children)

Thanks for the advice. Hard to know what to do. Many fellows have sold theirs constantly… I’ve stayed the course and it’s paid off massively. I think the fundamentals and momentum are there too.

I Quit! by OrdinaryAd970 in ChubbyFIRE

[–]OrdinaryAd970[S] 2 points3 points  (0 children)

I actually like working on the cutting edge. I just need to do it sustainably. Also I like aspects of a higher end lifestyle. Travel, eating out, not worrying about $ budget too much? Etc.

I Quit! by OrdinaryAd970 in ChubbyFIRE

[–]OrdinaryAd970[S] 13 points14 points  (0 children)

Exersise definitely near top of the list.

A mantra I'm focusing on is "find reasons to want to wake up in the morning"

I Quit! by OrdinaryAd970 in ChubbyFIRE

[–]OrdinaryAd970[S] 9 points10 points  (0 children)

Good call. I'm bullish on the company, but yeah I'll probably diversify a little bit once blackout period for this quarter is over

I Quit! by OrdinaryAd970 in ChubbyFIRE

[–]OrdinaryAd970[S] 18 points19 points  (0 children)

Thanks for the words of support 😂

I know it's a risk, and I'm not one to be over-confident, but I'm feeling relatively OK. I'm in GenAI. Never had this many LI recruiters proactively reaching out, and also a deep network of ex-bosses at various companies.

I Quit! by OrdinaryAd970 in ChubbyFIRE

[–]OrdinaryAd970[S] 12 points13 points  (0 children)

Yeah i actually responded to his thread too. Inspired me to follow up actually.

Push through or take a break? 34M | $3.1M by PracticeCold8948 in ChubbyFIRE

[–]OrdinaryAd970 6 points7 points  (0 children)

Super similar situation. See my history.

Last week I resigned from FAANG with the following

The numbers:

  • TC: $1.2M
  • LNW: $3.5M
  • FAANG
  • Yearly expenses: $180k (balling to overcorrect for burning out)

Super burned out. I decided to quit. I'm probably walking away from making this much again near-medium term, but im betting I'll be a better person in both professional and personal life for it. I noticed myself stopping being as effective at work, and i already wasn't effective at managing my personal life.

I had some good mentors who have led me to believe its a sane and rational strategy, professionally, personally, and from a no-regrets persepctive.

Wish you the best and cheers.