The low stress jobs are the key. If I have 2-3 million saved, do I really want to grind at a FAANG or equivalent? Theres low key startups and enterprise dev jobs that are much less stressful and still pay around 120-150K which keeps healthcare covered, CoL covered, and keeps your nest-egg intact.
IMO your view of stress at FAANG vs elsewhere is off. Some of the least stressed engineers I know work for the big names.
I'm sure there are stressed engineers there as well, but I'd be surprised if it's actually a higher %.
Re:Early Retirement (2006)
by walletburst on Wednesday August 04, 2021 @01:21PM
(#28063691)
Sounds like Coast FIRE would be a good approach for you:
My current job pays well but is very stressful, and that had me thinking more about FIRE (Financial Independence, Retire Early), but then I realized that on anything less than 120K a year (also have a mortgage to pay), I couldn't afford the therapist I'm seeing right now, and I'd be on the hook for dental cleaning, every other expense. My current plan is to save enough that I could technically almost retire on it, and then start prioritizing low stress jobs over income. Let the nest egg grow on its own even if I don't contribute as much with a lower paying job, and still get some benefits.