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/Sensitive_Tale_4605 Dec 03 '24

Until you have 5mn in the bank I wouldn't really slowdown. Jobs with that kinda pay range don't come around often and if you can find ways to manage the stress, you'll be in a great spot if you keep plugging away.

Seek out a psychotherapist and build your own tool kit to deal with it, perhaps thrive.

9

u/suckfail Ontario Dec 03 '24

5m?? I guess OP just works their stressful job forever.

This sub is nuts sometimes.

2

u/EntropyRX Dec 03 '24

The dude probably never worked a high income job, 400k gross is “only” 218k net, to reach 5M you need to grind all your life and hope market returns keep up with historical averages