@OP+19SP1X1Q Here. Wife fully supports me leaving the workforce. Loves her job and has no desire retire. Plus annual bonuses bring her in close to $200k gross.
Thanks for the positive feedback. Too bad there are so many people that cant seem to resist the temptation to spew their negativity.
If there are any wealth manager people out there what would you do? Just don’t feel good about the advice I get when commissions is involved.
@1xvw nice to see you care so much. I
'm actually a woman, and no I'm not in the bay area. Because it's not common for the man in a relationship to not work (there is a stigma) I try to avoid saying the genders. My husband has always had a tough time finding a decent job so when I started making enough money to support us in the way we were comfortable, I was fine with him quitting and he essentially does all of the house work, errands and day to day things we need done while I work. That doesn't work for everyone, and he constantly gets assumed to be the breadwinner and "where do you work", "what do you do" questions while I'm assumed to be the non-working spouse. I make over 200,000 a year and this situation works for us, but we have only one child and are pretty budget conscious.
My friend retired at 40 but she made over 100k for several years and got two inheritances. I keep volunteering for pool boy but no luck so far.
Post ID: @ucs+19TWDK18
My spouse doesn't work because I'm high income and they were never career minded. I know it does make them feel not great sometimes to not feel they are contributing, so take that into account.
Is this a Mormon post or just typical San Fran Sicko m—acred grammar?
Honest question... would like to understand where you’re coming from...
11 hours ago by Anonymous | 2 reactions (+2/-0)
I guess it would be nice to be reincarnated as a “Kept Man” except for the mirror.
Oh well, you may just be the head of the Gen Xers, so what do I know.
Do what makes you happy. I’m in a similar situation. I’m exploring my options. Not interested in a full on retirement exactly but def looking at options. Get a masters or start a business. Volunteer. Coach your kids sports. All of those sound more fulfilling in my opinion.
Worrying what to do with one’s time when they retire early. Jeez... that’s SO American. :)
$200K is nothing
OP sounds like you've made up your mind to retire early. Just make sure you know what to do with your free time, and that you will have some fulfillment from it. 45 is very young IMO to retire and no work for the next 40+ years. Of course if you have hobbies and other passions that take up 30 hours or more a week go for it. My spouse doesn't work because I'm high income and they were never career minded. I know it does make them feel not great sometimes to not feel they are contributing, so take that into account. Even though we can afford to live well off of one income, it's not always the best idea. You may want to consider just doing a job with less hours at least initially and see how you fair.
So what are your life goals once you quit and are supported by your wife? Sit on the couch in your underwear, drink beer and watch the latest episode of The Price Is Right?
I feel your pain, OP. I too am in a kerfuffle about when to call it a career. Technically I haven’t started my career, but was just thinking about finding a wealthy person to marry and ride their coattails. Board, what do you think? Know any good sugar momma sites around? Why spend good money asking experts, when we have anonymous message boards we can post on!
Why do you feel you have to advertise your wife's income? If my husband did that to me, I would divorce that bum who looks at me like some money bag. I would first cheat on him with someone making around as much $$ and then find a slush fund to hide my money and then divorce him. When a husband talks about how much money his wife makes (not considered that much in the Bay Area), that says a lot about his character or lack of.
thats cause the wf workforce is unskilled and they know they have no way out to do what you did. Maybe one day some of them will better themselves.
thank GOD you posted again. I've literally been on pins and needles wondering if your wife was going to support your decision, and what kind of bonuses she gets.
Read the room. And get a money person. geez.
I came back to post that I would parody this post by titling it "Should I retire at 45" but then I noticed that it was already titled that xD.
Reddit would've had a public witch burning for this guy it would've been unreal.
Why on Earth do you feel the need to post this on the layoff.com?
It's not negativity, it's criticism for posting something COMPLETELY UNRELATED to layoffs, and obnoxiously humblebragging about it.