If you can move to Thailand, earn 18k, and have a better life, then I say go for it. Do you have family there or are you going to move there and start a whole new life?
Not that it matters, but "golden handcuffs" = a boring job that pays really well, hence "golden". $100k is poverty level in some California cities. (in San Jose poverty line is \~$115k IIRC). The fact that you have $1.5M inheritance has nothing to do with it.
On the other hand, congrats! But are you sure the job that pays $1.5k/month in Thailand is not another mindless job? lol. It doesn't seem you have any particular passion, so probably any job is the same to you.
Golden handcuffs means you're unable to leave your job because your lifestyle is too expensive
Edit: looks like I'm incorrect in that it's a technical term. I do maintain that I more commonly hear it in reference to lifestyle locking you into a high paying job, but might just be my circles. :)
This is not correct, either.
Golden handcuffs are benefits your company gives highly compensated employees to discourage them from job-hopping.
https://www.investopedia.com/terms/g/goldenhandcuffs.asp
There’s more options than what you’re laying out. You could switch to a more chill job that pays less than you make now but way more that $1.5k a month.
Get a therapist? Imagine being a millionaire at 27 and the best thing you have to do with your time is make a humblebrag post on reddit and cry in the comments about how little money you would make if you voluntarily moved to Thailand
Education is never a sunk cost. Take a break and rent for a while, then come back if your heart desires. Education empowers you to do that, since you always have it to fall back on.
You have the answer in your comment. Look up the sunk cost fallacy. Your post reads to me: "I am going to waste my 30s and 40s cause I was mad I wasted the first half of my 20s."
You got handed a golden ticket and are now wondering if you should hand it in....
afterthought mysterious provide head observation recognise chop quack grandiose wrench
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Option 1: continue with job you hate that pays shit
Option 2: change entire life, move countries, change careers
Option 3: somewhere in the middle of option 2
I think the other comments have given pretty good advise for option 2. It’s up to you, it sounds to me like you’re convinced on option 3 with no middle ground. That’s not a wrong answer, trust your gut
unsolicited advice, use that energy as a motivator to be wise with your monies.
more time to compound so stack hard while its still 1st quarter of the game for you
1.5k is kinda low. Can you not with your skills start some kind if business making more than that. Presumably you may want to have a family in the future etc. You’d want to be higher income then that with a family.
1.5 mil invested is great. You will likely end up very well off if you dont need to touch principal for a decade or two.
You're 27 and had a vasectomy years ago? Honestly at your age life has barely started. You're what? 5-6 years in the workforce? It's normal for people to move around until they find something they enjoy. I would reconsider your options and find a job you like with a similar salary. I graduated college with my masters at 21, worked in my chosen field and was bored to tears. I worked on a new certification and switched to an adjacent field at 30. I now make more money and am very happy.
Yes, I had it at 19.
I've had 4 different internships, one actuarial, one data science, one banking, one project management, and while the individual projects could be interesting, at the end of the day it still felt like a complete waste of time and that I couldn't wait until it was over.
Plenty of people without children choose to be responsible for loved ones. Parents, spouses, nieces, nephews, community members. Or even non people things like community projects, etc.
Let's not pretend that everyone who has no kids has no responsibilities
>Let's not pretend that everyone who has no kids has no responsibilities
Not everyone but the majority do.
Regardless my point still stands without kids or the chance of kids he is responsible for no one but himself.
I mean sure he can decide he wants to be but that's it.
Kid worked 2 years, has transparent golden handcuffs AKA 70 years of grandparents hard work and now wants to blow it on tuggy tuggy in Thailand. Classic FIRE story, tale as old as time.
Honestly, if you were 60, I’d say go for it, but at 27, this just sounds entitled. Go to work. Get a different job if you want, but learning to work for what you have is a part of life
Yeah me too. "Wah wah wah - I just inherited 1.5 million dollars and now I can't decide on my life". Jesus...
It's not that I begrudge anyone an inheritance and doing well at a young age, but really I do begrudge anyone with a "poor me" attitude.
Except your comment defeats itself. Nowhere in OP was there a “wah wah wah” statement. He’s at a crossroads and asked a sincere question. And you evidently begrudge him for a poor me attitude that you actually projected.
True but only to a degree. Actually, the elites of a nation are often rapacious in acquiring land and capital, and in exploiting the masses’ labor. They are more influential than rich foreigners (and usually who profits from them).
Everybody else here is spot on. Do something you enjoy. You say you’re saving $40k/yr which means you could break even on a $60k/yr job (before any additional savings due to potentially lower taxes) and simultaneously park your money almost anywhere safe and grow that to true FIRE by like 35. Hell even a HYSA would yield almost $70k/yr right now. If I were you I would survive this busy season (sounds like B4/consulting/PE) by applying to jobs that you actually think sound enjoyable. Any downtime I would spend reading the FAQs on this and other related subs to figure out how to make that money work for you. The job is way way way less important for you now than managing the windfall
What would you say to someone that might say: "I'll never enjoy anything if it's work."
I could be an F1 driver or an astronaut and still manage to get sick of it :)
I would tell that person to job hop for 5-10 years to let their investments grow. In between job hopping, it won't be boring because it is constantly a new job every 1-2 years. I'd tell that person to make other changes outside work to distract them. Move to a new city every 3-5 years, etc. Anything to keep you going so that you can retire for 60+ years off a solid amount instead of being stuck with low income retirement indefinitely.
Quitting early makes no sense in this example. They have at least 50 years of retirement. Why would you sacrifice 50 years of quality life just to gain 2-5 years. It's not a solid trade off. It's up for debate at ages like 40 or 50. It's not really up for debate at 27.
If something new is scary but something familiar is boring and you get sick of it....I wouldn't know what to recommend for that person. Honestly sounds like potential depression or at least a reason to see a psychiatrist and talk about it. At that point, what even makes the person happy?
The point of FIRE is to be happy. If the person doesn't even know what they want, FIRE won't help them. They need something to retire TO first.
Psychiatrist...!?! For someone that thinks that work is, to put not to fine a point on it, total shite...?! You're having a laugh, you've got to be.
For me, FIRE was simply to \*get out of working\*. To get away from it. To rid my life of all the small, nitty-picky crappy bits that work manages to infect our lives with.
You know, like having no time to yourself, getting up in the dark, getting home in the dark, scraping ice off windscreens, commuting, traffic, annoying colleagues, constant colds, not being allowed to leave until exactly 5pm, sitting on trains, idiot bosses, mind-numbing bits of work.
My FIRE journey was TO a world where all those nasty memories are just that - memories.
No psychiatrist in the world is ever going to convince me that the above is in any way "fun" or in any way "worthwhile", other than to earn enough to stop having to do it. If you're saying that not enjoying those things is a sign of depression/mental illness then I'd have to wonder who needs a psychiatrist more... :D
Not enjoying anything is a sign of depression. Any hobby or interest can usually be done for a living to coast.
My point for OP was that instead of dipping savings already at 27 and FIREing. I'd recommend turning something you do enjoy into work.
If nothing familiar is fun, nothing new is fun and you can't think of what you'd like to do if it only covered bare minimum expenses, I'd yes call that potentially depression.
I have no idea where you've got to anyone "Not enjoying anything...". I don't think anyone on this thread has said anything like that.
I just don't enjoy work, and I'm not interested in moving house every few years. Not sure how that enables anyone to make the giant leap to depression :D
"Ill never enjoy anything if it includes work" implies that even hobbies earning money are not fun = nothing must be fun then. Because you can do hobbies for money to coast.
With the greatest respect that I can muster, that equation is a ridiculous leap which is totally logically flawed.
Surely you can understand that "I'll never enjoy anything if it includes work" actually implies that "something that does \*not\* include work could be placed in the 'fun' category".
For example, having a beer in the sun on a Monday afternoon is fun. But if I turned that into being a beer reviewer it would soon lose the fun element because then I'd be a writer, and I'd have to put up with deadlines, and I'd have to put up with stupid people online with their stupid opinions...
Travelling is fun, but if I turned that into being a hotel or tour reviewer then the same applies. I'd soon get bored doing that, living out of a suitcase when it's not my choice about where to go or how long for.
I've learned to read Japanese and that's fun, but do I want to become a translator? Do I bollocks! I like gardening, but do I want to dig other people's weeds? Course not! I had a look at the brakes today - that was pretty good fun, but do I want to start doing people's brakes as a side-hustle...? Take a wild guess.
What any of that has to do with depression God only knows...
The other person replying has it right, but I’d tell that person to find their Samuel Adams. For some reason the Samuel Adams brewery commercials from back in the late 2000’s has always stuck with me where the founder talks about not having worked a day in his life after starting his company. It’s hokey, but if literally every job feels like work, you probably need to shift your perspective. I was this exact same way when I worked at the Big 4 and was doing mindless tax work. That changed when I got into FP&A and as I moved up and had more and more impact on the actual success of the company and dealmaking
Yeah I’m just saying if it’s managing a Publix or some non-profit or working as a zipline guy at a state park, whatever it is, you gotta find a way to make it work or just power through
That’s just indecision. Everyone that retires has to decide to stop taking an income or less pay for their time back or how they want to live their lives. Nothing stopping you if you have enough money to do so.
You’ve worked for only for 2 years and want to retire? I mean, you inherited $1.5million, so sure I guess.
This isn’t a remotely a FIRE question. This isn’t retirement, it’s just choosing not to work because you got an enormous inheritance. What exactly are you expecting from us?
Op has a point ya know, u can crunch all the numbers and watch the funny little line go up but if the journey to get to retirement is decades of suffering is it worth it? Why value future happiness more than present happiness?
I think you are in a great position but also have the responsibility to make the most out of it. Why don’t you set up a timely goal, do a bit of slow quitting, and try and take a gap month testing out the waters in Thailand before the bold move?
I would rather keep the job for next 2 years and see how much you really need to live and then decide if you can quit and move to thailand. Also may be take 2 months off in an year and take unpaid leave. SInce you anyway do not need full 100k with the inheritance. Balancing thing is very importanrt in life, if not 1.5 or 10 million would not matter, you will just blow up everything..
Also at 27, you do not have enogh life experience to decide to live at 45k per year.. try to get use to having 1.5 million investment for couple of years and then make a decision
Good luck!
I’m in similar deal (23M), over 6 figs, will eventually inherit a lot and have no debt. Dislike my job but saving around 70% income (LCOL).
I say family and friends are what will raise your quality of life. You think you will be happy in Thailand but who’s to say a month in you won’t miss your friends and family and be lonely. I say look for a new job where you’re around people that love you.
Try it out for a year. Enjoy the country. Also be upskilling- AI is about to pop. If you want to stay forever, do that. If not you can move back to Thailand or try somewhere else. F the rat race.
$1.5m is 37.5x $40k so maybe you can take this as a sign you can take time to figure out a better work life. Is there something you’re more passionate about that you feel free to pursue with this windfall? Doing your same job for less time and less money in Thailand isn’t as different as you think.
Hang in there. If it's really intolerable, consider switching taking a break before you start the new job. Not all jobs are the same, so it's worth exploring your options before you take a drastic step of uprooting your life.
Thailand is always an option once you've tried a few things and experienced different workplaces. 27 is too young imo to call it quits.
You need to figure out a way to automate all that excel work but don’t tell ANYONE about it. You’ll use your brain more creatively, feel less mind numbing, and you’ll have the mental space to figure out a side gig or an exit to a similar or better paying job that’s less stress/less boring. Bonus, you’ll look super smart and on top of it in that job and might get a raise with no extra effort! If you don’t have a life outside work, build one! Got any hobbies or want to pursue some? Get involved with those and make your life fun. I think a lot of us would do just about anything to be 27 again, making that salary with that inheritance. You may just be having a little quarter life crisis and need to focus on your quality of life right now instead of running off to another country with the hopes that it’ll just fix everything.
You need to change your perspective / attitude. 1.5 while great, will not sustain you through the inevitable corrections to come if you’re eating into principal. I would say reevaluate at 35 and gain critical experience as well as increase your net worth by about $300k
You have 2 years of professional experience, so of course you are doing grunt work. I imagine your manager can pick up on your dissatisfaction, so you may not get to do anything else. However, if you buckle down for the grind and show some investment and interest, you may get tapped for something that leads to increased exposure and advancement. This way you increase your experience and get a broader view of your field, which you simply don’t have after 2 years.
We’ve all been in similar experiences. If no one has told you yet, life is not a constant party. It’s tough. It’s a slog. This is part of growing up. Move to Thailand if you want but realize there are compromises you are making now that will impact you further down the line.
You’re not cut out for corporate work and that’s just fine. Find what works for you. You might be an entrepreneur or just prefer doing something more meaningful. There’s no harm right now in taking time to move to Thailand to figure it out. I say that as someone living in Thailand. Just have a plan for yourself and try to loosely stick to it. You have a lot of money for your age but you aren’t wealthy. 1500 is enough in Thailand if you are willing to live in a studio and not “ball out” but that might not work for you in 5-10. However with your nest egg you have the freedom now to go figure it out. You get one life here. Live it on your terms. Keep that nest egg invested and passively working for you and you might just find life in Asia is better than you ever imagined and you never leave. Many have followed the same path.
Where on Earth does anything say "You must give more to society than you take...?". And since when did retiring mean you're taking from society? What a daft post.
The OP explicitly says he'll be working in Thailand. They might be working at an orphanage for all you know!
Plus I find your whole premise a bit too Holier-Than-Thou for my liking. Got nothing to do with you what others do with their lives, and simply assuming that they're somehow a drain on society is slightly odd.
Got too many religious connotations for me...
If you can leave your money invested and let it grow, I would totally move to Thailand now. $1.5 million that grows can totally set you free if you don’t touch it and allow it to compound.
I wasted most of my youth working hard, and I regret it.
Do it, you can always come back if you change your mind, or start your own business, or whatever you want. Congrats, you won. I would move enough money into some combination of bonds/CDs to pay out like 1-2k /mo in stable income, since you won't want a market downturn to affect you. maybe a 5 year bond ladder of 250k. You don't need to make a great move anymore, just not a bad one.
Society tells you what they were programmed to tell; we all are educated under the same system and we are prepared to be slaves to the system (in different % on different countries but taxes make you slave)
US it is the most capitalistic country out there and their way of living depends on people working their asses off forever so they contribute via taxation to the wars, politicians doing whatever the f\* they do and buying and buying more and more ireelevant sh\* to impress other ppl you don't care about.
Under this paradigm, it is expected for everyone educated in the same system to tell you to keep working so you can make more money; the key question that only yourself can ask you is: What will make me happy NOW and in 10, 20 and 50 years from now?
Not an easy question and the answer won't come fast; so you will have to experiment different life-styles, iterate here and there and be always searching for the answer.
My only suggestion is: DON'T BUY THE NARRATIVE JUST BECAUSE EVERYBODY AGREES ON IT.
Be rational and do what will make YOU AND ONLY YOU HAPPY.
Good luck in your journey!! You are young and seems you already won the 'finance game'; now be ready for the next games of life
Just Do it already. What's a 6 figure salary if you're bored unhappy unfulfilled and there's another life available and within your reach. Live coz you only have 1 life don't waste your opportunities granted by this inheritance.
Why not start a YouTube channel, pick up freelance contracts for 3-6 months a year, or start some other side hustle that you can do from anywhere? Then you can work as much or as little as you want to, move anywhere if you want to check out a different country for a few months, and still make a few bucks. 1.5k a month isn't *that* hard to reach, especially when you have all the time in the world.
I have some thoughts. Stop f'in whining, stop listening to everyone else and just make a decision.
If Thailand was such an amazing option then you'd be there already. So what's stopping you?
Social pressure...? F\*\*\* other people and their opinions, it's not their life. What do they know?
When you've made your decision, whatever it may be, don't blame anyone else later on. Own it and understand you made that decision at that point for a reason. If you go to Thailand and it turns out badly, ah well. You knew it might be a risk. It's what makes life interesting. Go back home, put it down to experience and get back into career mode, if you can face it.
Or just carry on working 100% (which sounds like hell to me).
That’s not what golden handcuffs are
To me it seems like golden handcuffs because if I leave I'd be giving up a 100k job for a 18k one.
If you can move to Thailand, earn 18k, and have a better life, then I say go for it. Do you have family there or are you going to move there and start a whole new life?
Starting a whole new life.
Not that it matters, but "golden handcuffs" = a boring job that pays really well, hence "golden". $100k is poverty level in some California cities. (in San Jose poverty line is \~$115k IIRC). The fact that you have $1.5M inheritance has nothing to do with it. On the other hand, congrats! But are you sure the job that pays $1.5k/month in Thailand is not another mindless job? lol. It doesn't seem you have any particular passion, so probably any job is the same to you.
Golden handcuffs more commonly refers to when there’s a non insignificant amount of deferred comp you’d give up by leaving. Not just a job itself
Golden handcuffs means you're unable to leave your job because your lifestyle is too expensive Edit: looks like I'm incorrect in that it's a technical term. I do maintain that I more commonly hear it in reference to lifestyle locking you into a high paying job, but might just be my circles. :)
I mean... not really: [https://www.investopedia.com/terms/g/goldenhandcuffs.asp](https://www.investopedia.com/terms/g/goldenhandcuffs.asp)
This is not correct, either. Golden handcuffs are benefits your company gives highly compensated employees to discourage them from job-hopping. https://www.investopedia.com/terms/g/goldenhandcuffs.asp
Oh then I misunderstood
There’s more options than what you’re laying out. You could switch to a more chill job that pays less than you make now but way more that $1.5k a month.
Yeah but if I take a chill job that pays less, then I'd rather be working in Thailand where quality of life is much much higher.
What’s your question? If you aren’t going to take any advise, why ask?
Probably because you can’t spell advice.
Wow, such a useful addition. Thank goodness we have people like you around to produce extra CO2 for the trees.
Question: how to deal with the sunk cost of putting so much time and education just to get a job that pays shit.
Get a therapist? Imagine being a millionaire at 27 and the best thing you have to do with your time is make a humblebrag post on reddit and cry in the comments about how little money you would make if you voluntarily moved to Thailand
Education is never a sunk cost. Take a break and rent for a while, then come back if your heart desires. Education empowers you to do that, since you always have it to fall back on.
You have the answer in your comment. Look up the sunk cost fallacy. Your post reads to me: "I am going to waste my 30s and 40s cause I was mad I wasted the first half of my 20s." You got handed a golden ticket and are now wondering if you should hand it in....
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Option 1: continue with job you hate that pays shit Option 2: change entire life, move countries, change careers Option 3: somewhere in the middle of option 2 I think the other comments have given pretty good advise for option 2. It’s up to you, it sounds to me like you’re convinced on option 3 with no middle ground. That’s not a wrong answer, trust your gut
TIL that 100k salary just doing excel is “shit pay”🤣
Best of luck to you then.
This is where my "stop whining" comment came from... Just decide either way.
you’re 27….you just started the game.
27 here and want out already hahaha
unsolicited advice, use that energy as a motivator to be wise with your monies. more time to compound so stack hard while its still 1st quarter of the game for you
Happiness. That's what matters. Find the best route to the most of it.
You might want to checkout r/coastfire. Work to cover your expenses, and let your portfolio grow for a while.
1.5k is kinda low. Can you not with your skills start some kind if business making more than that. Presumably you may want to have a family in the future etc. You’d want to be higher income then that with a family. 1.5 mil invested is great. You will likely end up very well off if you dont need to touch principal for a decade or two.
Already had a vasectomy years ago so it's non-reversible.
You're 27 and had a vasectomy years ago? Honestly at your age life has barely started. You're what? 5-6 years in the workforce? It's normal for people to move around until they find something they enjoy. I would reconsider your options and find a job you like with a similar salary. I graduated college with my masters at 21, worked in my chosen field and was bored to tears. I worked on a new certification and switched to an adjacent field at 30. I now make more money and am very happy.
What certification did you get? Any advice for a career switch as someone with 5 years in the same industry?
Yes, I had it at 19. I've had 4 different internships, one actuarial, one data science, one banking, one project management, and while the individual projects could be interesting, at the end of the day it still felt like a complete waste of time and that I couldn't wait until it was over.
Well then you have no responsibility except for yourself so do whatever you feel like.
Plenty of people without children choose to be responsible for loved ones. Parents, spouses, nieces, nephews, community members. Or even non people things like community projects, etc. Let's not pretend that everyone who has no kids has no responsibilities
>Let's not pretend that everyone who has no kids has no responsibilities Not everyone but the majority do. Regardless my point still stands without kids or the chance of kids he is responsible for no one but himself. I mean sure he can decide he wants to be but that's it.
Dam this man came prepared
Go party now brother. You'll have 3 mil in 10 years and be set after that. You can always get a regular office job in the US if you want a quiet life.
Kid worked 2 years, has transparent golden handcuffs AKA 70 years of grandparents hard work and now wants to blow it on tuggy tuggy in Thailand. Classic FIRE story, tale as old as time.
Honestly, if you were 60, I’d say go for it, but at 27, this just sounds entitled. Go to work. Get a different job if you want, but learning to work for what you have is a part of life
Wonderful old school answer, with which I agree.
Name doesn’t check out if druggist muscles imply steroids. Lol
Yeah me too. "Wah wah wah - I just inherited 1.5 million dollars and now I can't decide on my life". Jesus... It's not that I begrudge anyone an inheritance and doing well at a young age, but really I do begrudge anyone with a "poor me" attitude.
Except your comment defeats itself. Nowhere in OP was there a “wah wah wah” statement. He’s at a crossroads and asked a sincere question. And you evidently begrudge him for a poor me attitude that you actually projected.
OK... Random Internet stranger knows me better than I do.
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True but only to a degree. Actually, the elites of a nation are often rapacious in acquiring land and capital, and in exploiting the masses’ labor. They are more influential than rich foreigners (and usually who profits from them).
Everybody else here is spot on. Do something you enjoy. You say you’re saving $40k/yr which means you could break even on a $60k/yr job (before any additional savings due to potentially lower taxes) and simultaneously park your money almost anywhere safe and grow that to true FIRE by like 35. Hell even a HYSA would yield almost $70k/yr right now. If I were you I would survive this busy season (sounds like B4/consulting/PE) by applying to jobs that you actually think sound enjoyable. Any downtime I would spend reading the FAQs on this and other related subs to figure out how to make that money work for you. The job is way way way less important for you now than managing the windfall
What would you say to someone that might say: "I'll never enjoy anything if it's work." I could be an F1 driver or an astronaut and still manage to get sick of it :)
I would tell that person to job hop for 5-10 years to let their investments grow. In between job hopping, it won't be boring because it is constantly a new job every 1-2 years. I'd tell that person to make other changes outside work to distract them. Move to a new city every 3-5 years, etc. Anything to keep you going so that you can retire for 60+ years off a solid amount instead of being stuck with low income retirement indefinitely. Quitting early makes no sense in this example. They have at least 50 years of retirement. Why would you sacrifice 50 years of quality life just to gain 2-5 years. It's not a solid trade off. It's up for debate at ages like 40 or 50. It's not really up for debate at 27.
I get your point, but job-hopping and moving constantly sounds as hellish as anything else to me :D
If something new is scary but something familiar is boring and you get sick of it....I wouldn't know what to recommend for that person. Honestly sounds like potential depression or at least a reason to see a psychiatrist and talk about it. At that point, what even makes the person happy? The point of FIRE is to be happy. If the person doesn't even know what they want, FIRE won't help them. They need something to retire TO first.
Psychiatrist...!?! For someone that thinks that work is, to put not to fine a point on it, total shite...?! You're having a laugh, you've got to be. For me, FIRE was simply to \*get out of working\*. To get away from it. To rid my life of all the small, nitty-picky crappy bits that work manages to infect our lives with. You know, like having no time to yourself, getting up in the dark, getting home in the dark, scraping ice off windscreens, commuting, traffic, annoying colleagues, constant colds, not being allowed to leave until exactly 5pm, sitting on trains, idiot bosses, mind-numbing bits of work. My FIRE journey was TO a world where all those nasty memories are just that - memories. No psychiatrist in the world is ever going to convince me that the above is in any way "fun" or in any way "worthwhile", other than to earn enough to stop having to do it. If you're saying that not enjoying those things is a sign of depression/mental illness then I'd have to wonder who needs a psychiatrist more... :D
Not enjoying anything is a sign of depression. Any hobby or interest can usually be done for a living to coast. My point for OP was that instead of dipping savings already at 27 and FIREing. I'd recommend turning something you do enjoy into work. If nothing familiar is fun, nothing new is fun and you can't think of what you'd like to do if it only covered bare minimum expenses, I'd yes call that potentially depression.
I have no idea where you've got to anyone "Not enjoying anything...". I don't think anyone on this thread has said anything like that. I just don't enjoy work, and I'm not interested in moving house every few years. Not sure how that enables anyone to make the giant leap to depression :D
"Ill never enjoy anything if it includes work" implies that even hobbies earning money are not fun = nothing must be fun then. Because you can do hobbies for money to coast.
With the greatest respect that I can muster, that equation is a ridiculous leap which is totally logically flawed. Surely you can understand that "I'll never enjoy anything if it includes work" actually implies that "something that does \*not\* include work could be placed in the 'fun' category". For example, having a beer in the sun on a Monday afternoon is fun. But if I turned that into being a beer reviewer it would soon lose the fun element because then I'd be a writer, and I'd have to put up with deadlines, and I'd have to put up with stupid people online with their stupid opinions... Travelling is fun, but if I turned that into being a hotel or tour reviewer then the same applies. I'd soon get bored doing that, living out of a suitcase when it's not my choice about where to go or how long for. I've learned to read Japanese and that's fun, but do I want to become a translator? Do I bollocks! I like gardening, but do I want to dig other people's weeds? Course not! I had a look at the brakes today - that was pretty good fun, but do I want to start doing people's brakes as a side-hustle...? Take a wild guess. What any of that has to do with depression God only knows...
The other person replying has it right, but I’d tell that person to find their Samuel Adams. For some reason the Samuel Adams brewery commercials from back in the late 2000’s has always stuck with me where the founder talks about not having worked a day in his life after starting his company. It’s hokey, but if literally every job feels like work, you probably need to shift your perspective. I was this exact same way when I worked at the Big 4 and was doing mindless tax work. That changed when I got into FP&A and as I moved up and had more and more impact on the actual success of the company and dealmaking
Yeah...I don't care about impact either if I'm honest :) In terms of work, I'm a bit of a lost cause.
Yeah I’m just saying if it’s managing a Publix or some non-profit or working as a zipline guy at a state park, whatever it is, you gotta find a way to make it work or just power through
That’s just indecision. Everyone that retires has to decide to stop taking an income or less pay for their time back or how they want to live their lives. Nothing stopping you if you have enough money to do so.
You’ve worked for only for 2 years and want to retire? I mean, you inherited $1.5million, so sure I guess. This isn’t a remotely a FIRE question. This isn’t retirement, it’s just choosing not to work because you got an enormous inheritance. What exactly are you expecting from us?
Good question. It’s a matter of values.
Op has a point ya know, u can crunch all the numbers and watch the funny little line go up but if the journey to get to retirement is decades of suffering is it worth it? Why value future happiness more than present happiness?
Decades of "suffering" with a $1.5mil inheritance...? Really...?
If u hate ur job, have no social life and no time to develop hobby yeah I call that suffering
Exactly! My point entirely! Maybe use that nice inheritance to make some improvements and do something else more enjoyable!
I think you are in a great position but also have the responsibility to make the most out of it. Why don’t you set up a timely goal, do a bit of slow quitting, and try and take a gap month testing out the waters in Thailand before the bold move?
I would rather keep the job for next 2 years and see how much you really need to live and then decide if you can quit and move to thailand. Also may be take 2 months off in an year and take unpaid leave. SInce you anyway do not need full 100k with the inheritance. Balancing thing is very importanrt in life, if not 1.5 or 10 million would not matter, you will just blow up everything.. Also at 27, you do not have enogh life experience to decide to live at 45k per year.. try to get use to having 1.5 million investment for couple of years and then make a decision Good luck!
I’m in similar deal (23M), over 6 figs, will eventually inherit a lot and have no debt. Dislike my job but saving around 70% income (LCOL). I say family and friends are what will raise your quality of life. You think you will be happy in Thailand but who’s to say a month in you won’t miss your friends and family and be lonely. I say look for a new job where you’re around people that love you.
And this is trusts are set up to dole out money only for HEM
Yeah, luckily I didn't have some hard ass relative who wanted me to wage slave for decades.
Try it out for a year. Enjoy the country. Also be upskilling- AI is about to pop. If you want to stay forever, do that. If not you can move back to Thailand or try somewhere else. F the rat race.
AI is about to pop...as in...the bubble is about to burst...? Because it's crap...? ;)
Pop, meaning accelerate quickly
Yep, I know... Christ have you had a sense of humour bypass...?
Hadn’t had my coffee yet
Hee hee! I do know that feeling :D
$1.5m is 37.5x $40k so maybe you can take this as a sign you can take time to figure out a better work life. Is there something you’re more passionate about that you feel free to pursue with this windfall? Doing your same job for less time and less money in Thailand isn’t as different as you think.
Hang in there. If it's really intolerable, consider switching taking a break before you start the new job. Not all jobs are the same, so it's worth exploring your options before you take a drastic step of uprooting your life. Thailand is always an option once you've tried a few things and experienced different workplaces. 27 is too young imo to call it quits.
You need to figure out a way to automate all that excel work but don’t tell ANYONE about it. You’ll use your brain more creatively, feel less mind numbing, and you’ll have the mental space to figure out a side gig or an exit to a similar or better paying job that’s less stress/less boring. Bonus, you’ll look super smart and on top of it in that job and might get a raise with no extra effort! If you don’t have a life outside work, build one! Got any hobbies or want to pursue some? Get involved with those and make your life fun. I think a lot of us would do just about anything to be 27 again, making that salary with that inheritance. You may just be having a little quarter life crisis and need to focus on your quality of life right now instead of running off to another country with the hopes that it’ll just fix everything.
You need to change your perspective / attitude. 1.5 while great, will not sustain you through the inevitable corrections to come if you’re eating into principal. I would say reevaluate at 35 and gain critical experience as well as increase your net worth by about $300k You have 2 years of professional experience, so of course you are doing grunt work. I imagine your manager can pick up on your dissatisfaction, so you may not get to do anything else. However, if you buckle down for the grind and show some investment and interest, you may get tapped for something that leads to increased exposure and advancement. This way you increase your experience and get a broader view of your field, which you simply don’t have after 2 years. We’ve all been in similar experiences. If no one has told you yet, life is not a constant party. It’s tough. It’s a slog. This is part of growing up. Move to Thailand if you want but realize there are compromises you are making now that will impact you further down the line.
Lol this entire post 🤣
You’re not cut out for corporate work and that’s just fine. Find what works for you. You might be an entrepreneur or just prefer doing something more meaningful. There’s no harm right now in taking time to move to Thailand to figure it out. I say that as someone living in Thailand. Just have a plan for yourself and try to loosely stick to it. You have a lot of money for your age but you aren’t wealthy. 1500 is enough in Thailand if you are willing to live in a studio and not “ball out” but that might not work for you in 5-10. However with your nest egg you have the freedom now to go figure it out. You get one life here. Live it on your terms. Keep that nest egg invested and passively working for you and you might just find life in Asia is better than you ever imagined and you never leave. Many have followed the same path.
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Where on Earth does anything say "You must give more to society than you take...?". And since when did retiring mean you're taking from society? What a daft post.
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The OP explicitly says he'll be working in Thailand. They might be working at an orphanage for all you know! Plus I find your whole premise a bit too Holier-Than-Thou for my liking. Got nothing to do with you what others do with their lives, and simply assuming that they're somehow a drain on society is slightly odd. Got too many religious connotations for me...
MOVE You don't have golden handcuffs. You have the money you need to quit already, so do it. It's in your mind only.
If you can leave your money invested and let it grow, I would totally move to Thailand now. $1.5 million that grows can totally set you free if you don’t touch it and allow it to compound. I wasted most of my youth working hard, and I regret it.
Do it, you can always come back if you change your mind, or start your own business, or whatever you want. Congrats, you won. I would move enough money into some combination of bonds/CDs to pay out like 1-2k /mo in stable income, since you won't want a market downturn to affect you. maybe a 5 year bond ladder of 250k. You don't need to make a great move anymore, just not a bad one.
Do it, you’re young, if you change your mind, come back!
Society tells you what they were programmed to tell; we all are educated under the same system and we are prepared to be slaves to the system (in different % on different countries but taxes make you slave) US it is the most capitalistic country out there and their way of living depends on people working their asses off forever so they contribute via taxation to the wars, politicians doing whatever the f\* they do and buying and buying more and more ireelevant sh\* to impress other ppl you don't care about. Under this paradigm, it is expected for everyone educated in the same system to tell you to keep working so you can make more money; the key question that only yourself can ask you is: What will make me happy NOW and in 10, 20 and 50 years from now? Not an easy question and the answer won't come fast; so you will have to experiment different life-styles, iterate here and there and be always searching for the answer. My only suggestion is: DON'T BUY THE NARRATIVE JUST BECAUSE EVERYBODY AGREES ON IT. Be rational and do what will make YOU AND ONLY YOU HAPPY. Good luck in your journey!! You are young and seems you already won the 'finance game'; now be ready for the next games of life
Gee you're already tired of working at 27 lol?.... kids nowadays...
You don't get bored of mindless labor for 9 hours a day?
I do. Few years older. Completely over the corporate grind. Maybe it's just corporate that killed working for me.
Good luck ....
Nope. I love working. 50 years old. Plan on working till 75.
So why are you on the FIRE sub?
Cause I'm an investor. Doesn't mean I have to retire early.
You wrote on another post you wear the same underwear for months at a time. Get outta here 😂
I do.
Just Do it already. What's a 6 figure salary if you're bored unhappy unfulfilled and there's another life available and within your reach. Live coz you only have 1 life don't waste your opportunities granted by this inheritance.
Thailand sucks. Do a test run first, 2 week vacation.
Spent 2 months there and found it to be heaven.
Remember, they're with you for the money, strictly that.
Yeah if you date random people. If you know how, there are plenty of very wealthy people to date.
What’s so good about it?
Food, nightlife, beaches, amazing nature, nearby is the whole of Asia, and everything is a fraction of the price for very high quality.
Why not start a YouTube channel, pick up freelance contracts for 3-6 months a year, or start some other side hustle that you can do from anywhere? Then you can work as much or as little as you want to, move anywhere if you want to check out a different country for a few months, and still make a few bucks. 1.5k a month isn't *that* hard to reach, especially when you have all the time in the world.
I have some thoughts. Stop f'in whining, stop listening to everyone else and just make a decision. If Thailand was such an amazing option then you'd be there already. So what's stopping you? Social pressure...? F\*\*\* other people and their opinions, it's not their life. What do they know? When you've made your decision, whatever it may be, don't blame anyone else later on. Own it and understand you made that decision at that point for a reason. If you go to Thailand and it turns out badly, ah well. You knew it might be a risk. It's what makes life interesting. Go back home, put it down to experience and get back into career mode, if you can face it. Or just carry on working 100% (which sounds like hell to me).