46yo male, high-end Ranch/Estate Manager making $95k w/ full benefits, with housing on the ranch and tons of autonomy. Boss is toxic but rarely have to interact. Ranch is for sale and unsure if/when it will sell, and who I would end up working for.
Have been offered a similar position in another state with a salary of $170k with full benefits and large annual bonus, with housing included (very nice home), relocation package etc, but have to drive to work and have a more structured 9-5. This position would round out my experience and allow me to manage even higher-end properties.
My heart is torn between leaving a place I love where I basically make my schedule, with the hopes of it selling to a better owner, or taking a higher paying job in a place that's nice but would have more structure, less autonomy, and having to live in a city environment as opposed to living on a very nice ranch. I'd like to own my own property one day and stop working for the uber wealthy, and the new position seems the fastest track there.
More money or more balance?
Leaving a job you absolutely love
byu/Haltercraft inpersonalfinance
Posted by Haltercraft
12 Comments
I love my job. Really enjoy working with my coworkers and have built myself a niche. If I got an offer for nearly double my salary I’d put my notice in as soon as the background check cleared.
If you’re in your late 40s and still dreaming of home ownership this is your most guaranteed way there! I’m also partial to a city because at least for me I couldn’t imagine working in the country so take that with a grain of salt here as well.
For experience, this is a decision only you can make.
What helped me was a friend saying make a pro and con list that is as long as you possibly can. Sleep on it, even wait a few days, a week. More pros and cons may come to you. Just let it sit in the back of your mind.
Then flip a coin. Heads you move; tails you stay. If it’s heads and you feel great! Perfect – take the new job. If it is tails, and you’re excited about staying – also perfect. If you’re disappointed with whatever the turn up is, you still have your answer. Either way you’ll know the answer whether you’re excited or disappointed about the turn up.
Good luck!
What makes you think the new owner will retain you as an employee and with all the same perks?
If money was not a factor, which would you pick? That is the right answer. Money isn’t everything, a man at peace with an enjoyable job, is the gold standard we all hope for.
Since it’s a similar job, you’ll grow to like it as well. Losing the other stuff you mentioned would suck, but it’s work essentially 2x your current pay.
With your current place for sale, I’d go for the new role. Worst case is you don’t like it, so you stay there only for a year before moving somewhere better.
Seems like the new job is the stepping stone to the things you want. Sometimes discomfort is a sign of growth.
I would take the job and stay in touch with/stay on good terms with the people you work with now.
Try and get a pay bump from new owners.
I always go for the most money because the goal is to reach financial Independence. You might love your current job now, but that could change on a dime.
That’s a big increase
And the unknown factor of the new job is offset by the unknown factor of new boss at the current job
Is this even a serious question? You grow in your career, double the salary, no loss off benefits, paid housing + relocation, lose a toxic boss & the trade off is structure & driving to work lol not even trying to sound rude how can you not see the obvious answer @ 46
First, I’d say don’t swing at balls not pitched yet.
Second, try the high paying job. If you only stayed ONE YEAR you’d set yourself up and save a pile of cash.
While you do that, you could go on retainer or as a weekend consultant for the gorgeous ranch you love. 😏
Personally, I think the wild in you needs air, but a year or two at structure can buy alllllll the air- and learn about yourself along the way. Maybe you’ll love it, who knows?
Familiar, vs. potential.