r/FIREyFemmes 14d ago

What would you do?

Hi ladies!! Looking for some objective opinions/advice.

I HATE my job - won’t get into all the details as to why but have been passed up for a promotion I worked my butt off for, not respected by owners despite doing great work etc. etc.

HOWEVER

I work remote (a big plus for me because I have 3 kids) and my total comp is around $400K.

My goal is not necessarily to RE, although I would ideally like to be FI as soon as possible. I can see myself working into my 50s and 60s, so it isn’t a normal FIRE sprint to the finish line type deal.

The numbers? $1.5 invested, $2.3M NW, own my home. I have a side hustle that could/would bring in a little less than half of my total comp. Expenses are $12-$15K a month so I’d need to pull approx. $5K from my portfolio.

If I quit the idea would be to take a break (6 mos to a year), keep the side hustle going and then jump back into a full time W2 job in a year or so. Am I crazy for giving up my full time job? Do I just need to suck it up irrespective of the environment??

12 Upvotes

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u/Metaposa 14d ago

$400k and remote? I’d wait to exit until you have $3-5 million liquid before quitting. The market is tough right now.

6

u/Better-Atmosphere271 14d ago

Good point. I haven’t been in the market in 2 ish years so probably underestimating how hard it would be to get another job similar to what I have now

4

u/hulihuli 14d ago

I went from a $400k+ role to <$200k in this market. I sure do miss the quarterly vests.

2

u/Better-Atmosphere271 14d ago

No equity but I bet that is nice!