I'm considering leaving a great paying job (450k TC w/2 YOE) for a worse paying (130k TC) but more fulfilling job. After paying off my debts, getting an extra 150k post tax yearly from stocks in my bank account hasn't really affected my life or happiness.
I'm seriously wondering if I'm missing something; how does more money beyond a certain point (like 130k TC) affect your long term happiness? Not a troll, just looking for alternative viewpoints. Thanks.
Want to see the real deal?
More inside scoop? View in App
More inside scoop? View in App
blind
SUPPORT
FOLLOW US
DOWNLOAD THE APP:
FOLLOWING
Industries
Job Groups
- Software Engineering
- Product Management
- Information Technology
- Data Science & Analytics
- Management Consulting
- Hardware Engineering
- Design
- Sales
- Security
- Investment Banking & Sell Side
- Marketing
- Private Equity & Buy Side
- Corporate Finance
- Supply Chain
- Business Development
- Human Resources
- Operations
- Legal
- Admin
- Customer Service
- Communications
Return to Office
Work From Home
COVID-19
Layoffs
Investments & Money
Work Visa
Housing
Referrals
Job Openings
Startups
Office Life
Mental Health
HR Issues
Blockchain & Crypto
Fitness & Nutrition
Travel
Health Care & Insurance
Tax
Hobbies & Entertainment
Working Parents
Food & Dining
IPO
Side Jobs
Show more
SUPPORT
FOLLOW US
DOWNLOAD THE APP:
comments
Will you have enough money to live comfortably when you’re retired? If you want to follow the 4% rule and live off $40k/year in todays money you’ll need to have a little over $2MM saved up 30 years from now.
What about kids? Will you live comfortably with $130k with a wife and kids? What about saving for their college? What about expenses for them like a car?
What if you get laid off or fired at some point and have to spend 6-12 months looking for a new job? How is that going to affect your savings, especially for what’s mentioned above?
What if there’s another housing crash? Can you afford to be under water on your house? What if you get laid off during that time too?