I've got a recruiter after me to move to Chicago for a job that would be a substantial upgrade in salary, responsibility, and (I think) enjoyment. We haven't talked money yet, so I'm trying to set a number that it would take to get me to move to a place I'm not thrilled about and take the risk of a new position. I've very stable in my current role. I would be interested in thoughts about how much I should require to move. Here's my situation:
I'm 54 and planning to FIRE at 59. I'm married with 1 child who lives nearby with our grandson. We like the area (Pacific Northwest) and would retire back here. Our outdoor hobbies are very convenient to where we live.
The package would include generous relo and pay realtor fees to sell our house, which were planning to do soon anyway. On our current pace, Firecalc has us at $85k/year retiring at 59. That will accommodate our lifestyle including medical coverage, but we would like a bit more to be able to travel more. How much would you require the firecalc number to increase to go through the hassle and live away from "home" for 5 years?
I'm 54 and planning to FIRE at 59. I'm married with 1 child who lives nearby with our grandson. We like the area (Pacific Northwest) and would retire back here. Our outdoor hobbies are very convenient to where we live.
The package would include generous relo and pay realtor fees to sell our house, which were planning to do soon anyway. On our current pace, Firecalc has us at $85k/year retiring at 59. That will accommodate our lifestyle including medical coverage, but we would like a bit more to be able to travel more. How much would you require the firecalc number to increase to go through the hassle and live away from "home" for 5 years?