BlessedLife224
Confused about dryer sheets
41yo, Male, Married, No kids (now or in future), work in tech in SF Bay Area
Total NW: ~7.9M including Primary Residence.
Take home approximately $750K - $900K a year and in the peak of my career, and will have to let go of ~$1M in RSU when I retire. Just feeling burned out and tempted by the hunch that I have enough savings to last our lifetime.
DW makes $120K a year and enjoys work and wants to continue for at least a few more years. My investments are doing well, I have retained an advisor.
Started thinking of FIREing years ago by moving back to home country (given my immigration situation, which is no longer an issue), years later after my investments did well, seems like I can FIRE in the Silicon Valley.
I don't think we spend a lot, but it feels like it will be $150K to $175K / year here in the Bay area, biggest expenses being mortgage, property taxes, insurance, taxes, and advisory fees. I'm surprised by a lot of the numbers used here for retirement spending, the expenses numbers in FIRECalc (https://www.firecalc.com/real-cost-of-living.php) don't make sense either, maybe it's a Bay Area thing?
Just don't seem to be able to make up my mind, seem to be on OMY mode. Don't really have a plan for what to do in retirement, other than spend more time with aging parents back home for at least part of the year.
What do y'all think? Am I ready?
Total NW: ~7.9M including Primary Residence.
Take home approximately $750K - $900K a year and in the peak of my career, and will have to let go of ~$1M in RSU when I retire. Just feeling burned out and tempted by the hunch that I have enough savings to last our lifetime.
DW makes $120K a year and enjoys work and wants to continue for at least a few more years. My investments are doing well, I have retained an advisor.
Started thinking of FIREing years ago by moving back to home country (given my immigration situation, which is no longer an issue), years later after my investments did well, seems like I can FIRE in the Silicon Valley.
I don't think we spend a lot, but it feels like it will be $150K to $175K / year here in the Bay area, biggest expenses being mortgage, property taxes, insurance, taxes, and advisory fees. I'm surprised by a lot of the numbers used here for retirement spending, the expenses numbers in FIRECalc (https://www.firecalc.com/real-cost-of-living.php) don't make sense either, maybe it's a Bay Area thing?
Just don't seem to be able to make up my mind, seem to be on OMY mode. Don't really have a plan for what to do in retirement, other than spend more time with aging parents back home for at least part of the year.
What do y'all think? Am I ready?
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