> But at the same time, I only work 4 days a week, 28 weeks of the year, and those days I'm done at noon.TBH I have no idea what number of "bullshit hours" I work, but I spend the vast majority of my time working on things I'd probably be doing anyways. I certainly think what I'm working on is more interesting than what I'd almost certainly be doing if I had accepting one of my TT offers.
> If it were, I think we'd see more people going this route, but I'm not aware of too many (well, any really). Can you point to anyone who has amassed a small fortune in industry and now is a successful independent researcher?
This largely depends on how you define success.
They certainly aren't doing things like putting together performance bonus packets or playing the peer review game, so if you look to things like bonuses/promotions or journal papers in prestige venues they're probably not "successful". But isn't the goal to get off the bullshit ladder? You don't really think the prestige publishing game is anything other than BS make-work, do you? ;-)
> It seems like the more popular route is to spend 1-2 decades amassing wealth and then just retire on that money.
Sure. If your version of "what i would do with a billion dollars" involves lots of slopes and beaches then why not? What's wrong with this?
> Or to invest it. You'd be what, 40+ at that time? That's a prime age for family rearing. The kids' college funds need to be swelling at that point.
I know a lot of folks from my PhD cohort who went this route and took Professor of Practice positions for their kids' college years.
> If you want to blow your family's nest egg at 40
Who said anything about blowing? The principal should continue growing, just a bit slower since you're spending some of the interest...
> At such a critical time in a family, who in their right mind would leave a lucrative career to be an independent researcher, a job path that is largely reserved for independently wealthy people.
A STEM PhD, after 10-20 years in tech or finance, IS an independently wealthy person... that's the whole point.