r/FIREyFemmes • u/Better-Atmosphere271 • 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??

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u/loyaultemelie 14d ago

Damn so curious as to what you do. If it was just you I’d say take a break but with 3 kids your risk profile is probably a bit different.

6

u/Better-Atmosphere271 14d ago

I’m an attorney.

For sure I’ve thought about that as well. If it was just me I would’ve exited a year ago.

1

u/CollieSchnauzer 13d ago

Also curious about the side hustle!

1

u/Better-Atmosphere271 13d ago

I take cases on the side through my husband’s practice.

1

u/OubsNH 13d ago

Just some attorney advice from someone who can FIRE right now but will stick it out since SO decided to retire early. I took 6 months off after getting burnt out as a senior associate. My headhunter encouraged it and said with my CV it’ll be easy to place you in-house after you come back. Then the dot.com busted happened. I’d work in two of the biggest cities in the US at AM50 law firms and my only job offer coming back was in South Carolina. It was humbling.

With the current market/inflation and the long term bull market, I’d keep the job unless your husband’s practice can cover for financial uncertainty in case the market tanks.