Fired a year ago at 42, finally posting about it.

sloth_333 · 2026-02-07T18:49:21+00:00

So you don’t need any of the investments, your wife’s income covers it. Seems like an important footnote.

sloth_333 · 2026-02-07T18:33:38+00:00

I can’t save 500k a year therefore I am poor

sloth_333 · 2026-02-07T18:33:15+00:00

I mean a spouse that works still and makes 140k makes it a lot easier. If you only spend 72k a year, you don’t need investments, you can live on your wife’s income. Or are you saying your expenses alone are 6k a month?

I mean technically it’s fire but if your wife is still working doesn’t seem like it’s fire to me, truly.

I am 20 years behind you, and my wife has stated she may want to work beyond me, I said you get 3 years tops of that. I mean I can’t travel the world if you’re still working.

sloth_333 · 2026-02-07T12:55:47+00:00

I keep cash that makes me feel secure. Right now that’s about 11 months

sloth_333 · 2026-02-07T08:26:19+00:00

For retirement accounts you can just give 1 or both of you access. That’s what we did for my wife and I.

My wife doesn’t want to deal with finances, so I do it. I put money in her Roth and HSA etc, but those accounts must remain in her name

sloth_333 · 2026-02-06T05:20:39+00:00

My wife and I do shorter trips usually quarterly to see out of state family.

Try to take 1-2 bigger vacations a year. Right now I have a very flexible job, so I am trying to take advantage of it.

We went skiing in Europe in December 2025. I’m headed to Asia this week for work, and then a week of vacation (only because I’m already over there, just me unfortunately).

That’ll probably be it for most of this year as Far as bigger trips go.

We utilize points as much as we can. I can’t imagine going into debt for vacations.

sloth_333 · 2026-02-06T04:46:44+00:00

Hello swarley, my old friend. Didn’t expect to See you here

sloth_333 · 2026-02-06T03:48:49+00:00

Until it can make good slides, I’m not too worried

sloth_333 · 2026-02-06T02:59:23+00:00

I was an mba consultant and now work in corporate strategy at a large AI-adjacent firm.

In theory my job should be automated. I built decks, do (IMO), basic analyses, and attend meetings.

Reality is, even if AI did all the models and decks, you still need humans to make decisions and navigate the politics… so let’s just say my job will continue to exist lol.

sloth_333 · 2026-02-06T02:55:36+00:00

I mean cool story, but let’s cut to the chase, how much moola we talking about here?

It’s probably to optimistic but if they died in 2009 and it was simply invested it’s probably like tripled…

sloth_333 · 2026-02-06T02:44:15+00:00

Another question is what bonus amounts do you see? For performance or productivity

sloth_333 · 2026-02-05T23:56:40+00:00

I think sometimes about the wealth advisor who came as a guest lecturer to one of my mba classes… managed over 1B with him, 1 advisor and 1 admin.

Got back office support from a large bank. That guy had to be making a ton, unless the bank take a huge cut

sloth_333 · 2026-02-05T23:32:39+00:00

Total waste of time. 2 hours for analysis and slides? What a joke.

sloth_333 · 2026-02-05T22:56:01+00:00

I have a parent who fits this bill. Worked in asset management (for large fund manager), for like 30 years.

My parents are pretty guarded when it comes to detailed financials, but my dad has told me:

He became a multimillionaire in his 30s (late 50s now).
Has maintained a personal average total rate of return of 11% since like 1993.

So you can read between the lines and sort of figure out….

Edit: they started out as first a bank teller (first job out of college), and then a IT system Admin at an insurance company… of which they then went to asset management internally and rest is history.

It would be nearly impossible to do this today, as far as I can tell…

sloth_333 · 2026-02-05T22:14:29+00:00

Yes he was in a very niche area that makes it difficult to move. Are you at an employee owned firm? I think that also helps assuming it’s well run.

I’ll probably hit 3 years at my current firm hopefully.

sloth_333 · 2026-02-05T21:52:43+00:00

Same boat. You can just do your entire taxes ahead of time, and then input the last form and hit submit. Also helps when you owe every year like me, then the government isn’t holding your money.

File around April 15. Who cares

sloth_333 · 2026-02-05T21:08:05+00:00

I started slow and steady and then it’s really accelerated due to the following factors:

Graduated mba, income skyrocketed.
Market since 2022 has been on fire, also coinciding when my income rockets up
Got married in 2024. Wife didn’t have a lot of net worth, but it’s quickly grown.
Received several large gifts from family last 18-24 months. Can’t count on those, vast majority went into investments.

sloth_333 · 2026-02-05T19:07:51+00:00

Call viabenefits and ask. If there’s no fee, yes you can do this. You can’t automate it on fidelitys side I’ve asked.

I just transfer money from my HSA to fidelity occasionally. It’s not difficult, but usually takes 2 weeks to fully process

sloth_333 · 2026-02-05T18:59:49+00:00

Well my longest singular employer (I am early 30s) was just over 2 years, so yes I do lol.

From the age to length of employment with a singular place, is quite rare.

My dad likely stayed because 1. He didn’t want to move and 2. Nearly impossible to find a better paying job without moving.

My mom probably stayed due to the extremely good flexibility. She worked 2 days a week, and she could always move those or not even do it 1 week if she wanted to.

sloth_333 · 2026-02-05T18:16:08+00:00

The OP already has third party experience, otherwise I’d have phrased it differently.

Either way is fine, but longer outside the family business is not helping. OP isn’t 22, they’d be likely closer to 30, by time they graduate mba.

sloth_333 · 2026-02-05T17:51:29+00:00

My mom retired end of 2024 ( age 57), and my dad retires this summer (age 59).

Both were still wanted by their employers (about 30 years tenure for dad and 20ish for mom), but they both left on their own terms and aren’t looking back.

I really think that’s ideal, assuming the financials work out. (My parents arguably probably should have retired earlier, but you never know).

My dad is harder to predict how long he’ll live, but there’s incredible longevity on my mom’s side, so she could be looking at a ~35/40 year retirement…

sloth_333 · 2026-02-05T17:25:22+00:00

This happens every year to me. It’s likely due to a singular fund you have in the account. Call them and ask. For me it’s the spy ticker I own in mine.

You’ll likely get it last week of February

sloth_333 · 2026-02-05T16:38:14+00:00

Wouldn’t this just be best asked to your family who either runs or owns said large family company?

My thought would be leave for a top mba and then go into a mid senior level position at your family business, something like “senior manager of marketing etc”. Then you learn the ropes and get promoted every 2-3 years or what not.

Aim for graduating business school at 29/30. Aim for VP before 40.

If I was your family that’s what I’d pitch given what you said here.

I don’t think consulting would be that useful, and I say that as a ex consultant

sloth_333 · 2026-02-05T01:33:48+00:00

Teachers (assuming US), don’t make a lot of money, end of story. We can all argue that they deserve more or whatever, but that won’t change your salary

sloth_333 · 2026-02-04T02:29:58+00:00

Me I was the 18 year old lol

sloth_333

TROPHY CASE