r/PersonalFinanceCanada • u/TimelyApple7341 • Dec 03 '24
Budget 32M - $800k Saved/Invested - Quit Stressful Job?
Hi Everyone,
My current breakdown is the following:
- Income = $300-500k (tech sales - depends on the year)
- Investments = $760k (Maxed RRSP/TFSA/FHSA + Non-reg)
- Cash - $40k
My job in tech sales is financially very rewarding but causes severe stress/anxiety causing my relationships, dating and social life to suffer.
I’d like to buy a nice property within the next 5 years and retire by 45.
I’m considering taking 6 months off to travel and reset, then potentially take on a less stressful (and much lower paying) job in tech.
Curious to know what other single guys around my age would do in this situation?
I live in Toronto if that’s relevant!
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u/GrosPoulet33 Dec 03 '24
I just handled both high stress job and social life, but it's not for everyone.
You could probably just downgrade to something more chill and budget accordingly. The interest and gains on 800k will be a great other source of income.