So I’m one of the lucky few millennials who wound up doing pretty okay financially. Luck, hard work, nepotism. Lots of each. I have more than I deserve. Anyway, I’m in a HCOL area, have no real debt (~100k left on mortgage in primary residence that doesn’t make sense to pay off with interest rate so low -- we have a rental that is paid off), two young children and a wife who works full time in an unrelated field but also does similarly well.
I’m at a point in my life and career now though where I’m living comfortably and below my means. I want to scale back and where I’m at now is soooo close to quitting a low level exec job at a giant company you’ve heard of to make drastically less money bootstrapping something on my own for a bit, and if that doesn’t work taking a lower position somewhere else (eventually, tough out there right now) and just coasting.
My question is ? I honestly don’t know if this is me having a midlife crisis or if I’ve finally just “seen the light” and realized that no amount of work or money is going to make me hate corporate life less and I’ve got enough… be happy and enjoy life and family.
Are there any other depressed 40 year olds out there who actually have successfully scaled back? Walking away from 300k/year or whatever is scary and to be clear, I don’t have enough to retire forever (maybe without the kids haha) but I do have enough to do less for a good while my kids are young. Wife likes her job well enough and we've always made sure we could live on one income. She's supportive regardless (fuckin' superwoman)
Am I on to something or am I fucking up my eventual retirement? Anybody else been here?