I’ve seen similar posts but would like input on my situation if you all don’t mind. I’m not too savvy with finance terms etc so forgive me if something sounds off. All of this is like learning a new language. 37 y/o, no kids, single, ~ 530K NW – mostly a mix between 401k, brokerage accts and CDs. ~ 16 k of debt remaining. ~30 k savings (not included in net worth) I beat myself up at times bc this numbers should be way higher but I spent so much time giving money away or helping other people. I currently make close to 260-75k a year, but I’m tired. And tired of the corporate world. I want to stay on track for FIRE but I feel I also need to listen to my body and take a break. Now when I say take a break, I don’t mean stop working completely. I could pull in 90 to maybe 120k without working daily and would give me a significant break and a chance to focus on health, hobbies and personal projects.

    Only problem is that if I leave the corporate job, I’d have to buy a vehicle…which I would aim for a used/reliable vehicle. And I also want to travel a bit, but I worry about if a move like this is harmful to my ultimate fire goal.

    I was also considering buying a house, which i pre-qualified for and started looking, but considering how I’m feeling…I put the search on hold. Especially since I’m thinking about leaving the corporate world.

    What do yall think? Could I take a break now? Or is it best to tough it out? My friend is telling me to hang in there and just save as much as as possible this year but I don’t know if I have it in me, but we’ll see. I was hoping to make it to mid April to collect this years bonus and then part ways.

    Edit: I guess I feel guilty too bc the job itself is not hard, but it is draining to me at this point ad an introvert up

    Edit: in terms of NW, break down

    320k in 401k/403b

    20k in a pension (forgot to include this in net worth total)

    165k in investment accounts (I honestly don’t know the specifics as these are handled by financial investors)

    47k in a CD

    30k in regular savings account at bank

    Debt. 9k in credit card

    ~8k school loan

    Housing: live at home in childhood home alone but I cover the utilities etc and give my mother something (she’s never asked but I do it anyway) this is about 1500 a month maybe.

    General expenses: I’d say maybe 2500 a month for me maybe. Could be a little more or it could be a little less.

    I’m relatively low maintenance. The most I’d see me spending is on travel/vacations but I hope to utilize points from hotels and airlines I’ve accumulated to help with that. The most I’ve spent is when I was actually helping and giving to other people which I’ve cut out.

    I’d like to fire by 50 or 55, although I see myself working as needed to not be bored lol

    Help
    byu/Grad3477 infinancialindependence



    Posted by Grad3477

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