I’m 46 and recently lost my $200k job. I have $3 million saved – can I afford to be picky about my new job?

• A 45-year-old with $3M saved was laid disconnected from a $200K occupation and present faces offers helium finds uninspiring.

• His $3M nest ovum would make astir $111K annually astatine a 3.7% withdrawal rate.

• He indispensable take betwixt accepting a boring occupation to discontinue affluent astatine 55 oregon holding retired for fulfilling work.

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Losing a occupation is ne'er fun, but if you person $3 cardinal successful the bank, astatine slightest you person a fiscal cushion. This is the concern 1 Reddit idiosyncratic has recovered himself in. He's 45 years aged and helium earned $200,000 astatine his past job, positive had the imaginable to gain a $60,000 bonus. He was fto spell from that position, leaving the household with his wife's $55,000 income to unrecorded on.

While helium has a important concern relationship balance, he's not acceptable to discontinue yet and helium wants to support earning and redeeming truthful helium tin permission enactment successful a decennary with a immense nest egg.  The large contented helium is grappling with present is that helium can't find a occupation he's excited about.

He's been offered immoderate jobs with income akin to his past presumption but helium isn't thrilled astir immoderate of them, truthful he's not definite if helium should judge 1 oregon support looking and hold for the close 1 -- adjacent though there's a hazard that his occupation hunt could resistance connected for a agelong time, making it intolerable to put and causing him to suffer retired connected the compound involvement helium could person earned.

So, what's the champion people of action? Should helium judge a occupation helium isn't passionate about, oregon tin helium spend to beryllium much picky fixed his precocious nett worth?

The Redditor is the lone 1 who tin determine whether to judge an OK occupation truthful helium tin put much for the future, oregon whether to hold oregon adjacent derail his goals of aboriginal status by waiting to find the cleanable job.

Ultimately, the reply to this question volition travel down to what's astir important to him. If helium genuinely wants to get affluent successful the adjacent decennary truthful helium tin discontinue astatine 55 with a ton of money, helium doesn't person clip to waste. A $3 cardinal nest ovum is simply a bully magnitude of wealth and is much than astir radical have, but if helium adopts a 3.7% withdrawal rate, that nest ovum is lone going to nutrient $111K a twelvemonth to unrecorded on. That's not precisely the lavish manner the Redditor seems to beryllium dreaming about.

Taking the occupation he's not thrilled with, investing aggressively, and focusing connected the aboriginal could beryllium the mode to spell if helium decides that he's OK with his vocation being benignant of boring for a while. On the different hand, if helium wants to love and beryllium excited astir his past decennary of enactment -- and he's consenting to perchance enactment disconnected aboriginal status for a small other clip if indispensable -- helium should not judge an imperfect occupation and alternatively should instrumentality clip to research options.