Recent content by chasedream2002

Thank you very much for your comments. Yes, I plan to suck it up for a few more years, but they may lay me off soon. Recently they hired a new manager, but we have no billable work. I may get forced out soon. I can find other lower pay jobs in the range of 70-100k. It won't be ideal. However...

Thank you. I don't have issues with coworkers, the main cause was lack of work. My company does not have much work, but they keep hiring new people while telling old employees to use vacation hours. Also the incompetent workers use up budget without finishing deliverable and I am always told to...

I am in a similar situation. I have some ex coworkers in a competitor company, but I don't want to piss off my boss and also the other companies are not stable either.

Wife wants to move close to where the kids work in the future, so we may live in a small apartment in whatever new town the kids go. I may do some travel overseas by my own. Life has been very stressful. I studied hard in college and grad school and worked hard in my career. I feel very tired...

Yes, the high inflation in the past few years pushed me to change my original goal of 1.5m to 3m-4m. Once I get to 3m-4m, my after tax account's dividends will be sufficient for my living expenses. Currently my household income is about 270k and we spend about 5k a month. I hope to reach 3m-4m...

I work in a very specialized field and only few companies do this kind of work. I feel like walking on thin ice for a long time.

Five years update Just want to provide a five years update. Networth reached 2.15 million (1.8m investment, 0.35m house equity), but not retiring as planned due to the high inflation and upcoming college cost in 5-10 years. I plan to save up to 3-4 million to give myself more wiggle room. It...

2024 Q1: 2.15 M. Four years have passed since my last update. It was very stressful during COVID, so I didn't post any update. Both myself and wife had to stay home without work for almost a year in 2020. We were able to restart working in late 2020. Both kids are going to college in the next...

Had a major setback during COVID, but still trying to make to my goal. Kids are going to college soon, so I need to suck up 5 more years.

2019 Q4: 1.01M Went up by 250k in 2019. Hope to reach 1.2M in 2020! My job is very unstable and a possible layoff may slow me down, but I will do whatever I can to reach my goal!

Congrats! Hope I can reach your number in a few years!

Crossed the 1 million milestone last Friday! Went to eat out with family to celebrate. Hope to advance to 1.5 M soon!

Yes, I understand my total payments will be higher. However, it reduces my current monthly expense, so my portfolio can sustain my expenses after refinance. It may take a few months for me to find another job, so this can give me a peace of mind when I know my core expenses can be covered by...

I have 10 year left on my mortgage. My main purpose of this is to lower my monthly expense so my portfolio can sustain my bare bone monthly expense while I look for a job. It may take a few months before I can land the next job.

Thank you! The main reason is my layoff is coming soon. This week is my last week on a billable project. I am not sure whether the employer allows me to do overhead work or not. The whole department is lack of work. If I refinance, I can trim my bare-bone monthly expense from 4100 to 3300 and...