the long rd wrote:
jfdhhjdd wrote:
Looks like you are still working. You can’t retire comfortably on 1 million. Brag when you are retired. Until then, it doesn’t matter how much money you have, you are still working your life away.
But congrats on your newfound “wealth” while you spend over half your waking hours at work.
For sure not close to retirement. Just happy to meet a significant threshold and my goal was to make it by 40, I was surprised how quickly the compounding worked.
I have some advice. I have similar milestones that I've achieved and may have some insights to impart.
First, good for you on achieving the 7 figure milestone. Having achieved that, and others, it is an odd circumstance of our culture that such topics seem to be shunned, be that as it may. And I may add that compuounding in the last few years has been a windfall, largely in retrospect, but one that has benefit many of us, and in no small measure.
The issue raised about working your life away is a very personal issue. It may be as negatively impacting you as the last poster portends. But it doesn't have to be.
My advice to you is to use this milestone to reevaluate the meaning of work in your life. You may find, as I have, that this can be a perfect reason to re-evaluate the meaning of work. Doing it for a paycheck may be less of a motivator. So, perhaps use this good fortune to tweak your career and job towards an area or field which you find may be more interesting or more aligned with altruistic goals.
I was fortunate to have a reason to continue working because it helps people in ways i bleive in and it's not a job i deplore. I can quit anytime with no impact financially. But i continue to work because the work has meaning beyond just a paycheck. Honestly, if it wasn't for that, I'd be outta here some time ago,