Once you’ve reached all of your financial goals, ask yourself a simple question: If your job transitioned to being a volunteer position (no compensation whatsoever), would you keep working? The answers will help you decide if you truly love your job.
It’s tough to save money. Two car payments, mortgage and property taxes on a million dollar home in a high cost of living area, private school. These things cost serious $$$!
Let’s keep the math simple. If you can expect to make an average of $250,000 a year and retire at 45 instead of 65, you’re walking away from $5 MILLION in gross earnings. That’s a huge pile of cash.
After 20 years of 60-hour workweeks, you haven’t really had time for hobbies. The last time you had a week off and didn’t go anywhere, you felt lost and couldn’t decide what to do with yourself.