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I no longer care about TC since I am financially independent. But retiring sounds too boring for me. I am just taking it easy at work and mainly go to work out, have fun and work on some interesting problems while avoiding stress. Don’t care about promotions or levels anymore. I could probably get 30-50% more TC by jumping to FB or G but I have no desire to. Current TC $410k Networth: $2.5M Annual spending: $90k YOE:12
What exactly is you want from us after reading this ? Boner ?
Yoe?
12
Years of experience
Congrats OP!
Cool story?
Humblebrag
Not sure what was humble in the write up 🤣
That’s the point
Your net worth can go to less than 1m easy, not sure why are you so chill
Enterprise focused Telecom is a shitshow, pay is terrible, but, you will figuratively drown in cool shit you could do cause no one else really does or knows how. Mountains of data, immature pipelines, proper devs would bring about an internal revolution.
$2.5M is not a huge amount. What’s your YOE? I wouldn’t call $2.5M financially independent unless you’re only a few years till retirement, and despite that, your spending is only $90k/year.
12. Using safe withdrawal rate of 4% I am financially independent since spending is below $100k. I could cut spending down to $70k if really needed
Well, problem is that usually as life goes on your spending usually increases, not decreases, and you never know what curveballs life will throw at you. As some guy once said, it’s easy being young and poor, but damn hard being old and poor. Also if you stop working, your employability goes down, your skill set goes down, so that further increases risk.
Welcome to the club?
Seriously. Who doesn’t have 2.5M with 12yoe in the Bay and this market? It’s too easy!
Well lots of people don't but lots of people also do get lucky and decide to continue working for fun and for healthcare :)
Work at non-profit.