I've been working "for the man" since age 21 or so. Also have dabbled successfully with my own part time business (web dev / software consulting.)
Basically I'm getting burned out with the corporate life.
My stats:
Age 35
No wife or kids
Retirement savings: 375k, mostly mutual funds.
Non-retirement savings: 325k (around 130k of that is in cash, rest is stocks and mutual funds)
I have no debt. I own my house outright, meaning it is fully paid off. I bought in 2001 before all the craziness with housing, so I lucked out there.
Current living expenses are under 40k a year.
Currently income is 150k a year (full time job plus side ventures.)
Full time job gets me roughly 110k, side ventures roughly 40k.
I'm pretty good with saving money. However, this approach is getting tiring.
I'd like to ditch my full time job and GTFO of corporate life without damaging my long term prospects for retirement.
Any advice?
Basically I'm getting burned out with the corporate life.
My stats:
Age 35
No wife or kids
Retirement savings: 375k, mostly mutual funds.
Non-retirement savings: 325k (around 130k of that is in cash, rest is stocks and mutual funds)
I have no debt. I own my house outright, meaning it is fully paid off. I bought in 2001 before all the craziness with housing, so I lucked out there.
Current living expenses are under 40k a year.
Currently income is 150k a year (full time job plus side ventures.)
Full time job gets me roughly 110k, side ventures roughly 40k.
I'm pretty good with saving money. However, this approach is getting tiring.
I'd like to ditch my full time job and GTFO of corporate life without damaging my long term prospects for retirement.
Any advice?