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Work Life balance slows careers

pathtostaff.com

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Re: Work Life balance slows careers

#32
post #20
post #14

Earlier quoted context omitted.

Your making like a half million a year then? You'll have financial freedom in a couple years...

Let’s assume you can save half of that. In two years, you’ll have 500,000. Is that enough to never work again?

That depends on your expenses, obviously, but if you're serious you should check out the FIRE movement. There's viable strategies even for lower incomes.

Re: Work Life balance slows careers

#34
If you live to work, all the power to you. Just don't get kids, the world has enough broken folks who are struggling their whole lives to overcome their childhood and their father figure (or the lack of it). They carry the traumas right into their own relationships, often repeating same mistakes. Listen to people a bit since its easy to notice if you know what to look for, its proper pandemic under the hood in all directions.

The ones I've met in this category, always a stellar career, but what was at home, if anything, was less then stellar and the link to corresponding personality traits was pretty obvious. Now I don't think its exclusively either/or situation for everybody, but for most of us it is and certainly would be for me.

I prefer putting down the foot from throttle after some hard-earned leaps in life, and enjoy family time and me time. Right now planning final touches for a 2 week solo adventure vacation in remote Indonesian islands (Togian). Thats after spending 4 weeks of vacations this year with family, and planning another 4-5 together till end of year. While getting paid top 1% of European software dev salaries. Don't need more work wise, there is literally nothing positive that career progression can bring to my life.

Company has rather flat salary structure once you put in enough years, so even moving 2 positions up wouldn't bring much more cash. Work would be much less creative and stress and politics would rise significantly. Good place for some high functioning sociopaths, not so much for more sane folks. Literally would get paid worse per some imaginary mental energy unit put in. No, thank you I am fine.

Re: Work Life balance slows careers

#35

> I was Facebook’s first engineer promoted to E9 outside the US. All this, at the cost of my second-grade son making sure he had a reserved spot on my calendar prior to me heading off to work that morning. Was it worth it? > If you want atypically fast career growth, you need to put in the hours. Only you can answer whether the sacrifices are worth it. Ask the kid. Or the spouse. My father had a significant career: m…

Between his career, and serving in our lay ministry church, my Dad (indirectly) taught me that I wanted to be around with my kids (unlike him). I definitely don't have the career drive he had. I'm also certainly A LOT happier than he has ever been, and I have a great relationship with my kids.

There aren't a lot of people I meet, that are meaningfully more successful in their career than me, that don't usually make sacrifices I'm unwilling to make for their work/life harmony.

Re: Work Life balance slows careers

#36
post #20
post #14

Earlier quoted context omitted.

Your making like a half million a year then? You'll have financial freedom in a couple years...

Let’s assume you can save half of that. In two years, you’ll have 500,000. Is that enough to never work again?

Where I live, 500k would be enough to live my life until I die using basic safe investments and planning. I might not be able to take lavish trips, but I could live comfortably off of that for decades.

Do you live in an urban USA area?

Re: Work Life balance slows careers

#37
post #20
post #14

Earlier quoted context omitted.

Your making like a half million a year then? You'll have financial freedom in a couple years...

Let’s assume you can save half of that. In two years, you’ll have 500,000. Is that enough to never work again?

At $500k per year salary, in NYC and SF, your overall tax burden is about 50% (including federal, state, city, sales and property tax).

So really if you save half your money, you are only saving $125k per year.

Re: Work Life balance slows careers

#38
post #37
post #20

Earlier quoted context omitted.

Let’s assume you can save half of that. In two years, you’ll have 500,000. Is that enough to never work again?

At $500k per year salary, in NYC and SF, your overall tax burden is about 50% (including federal, state, city, sales and property tax). So really if you save half your money, you are only saving $125k per year.

35% effective, 50% marginal.

You take home more like $325k+. Assuming we're talking MFJ with a family

Re: Work Life balance slows careers

#39
The real issues come when you work hard and just get exploited.

That's what's really missing here. Someone who got lucky in life and had their hard work rewarded is telling others that hard work pays. In fact for this author in his field it pays off 100x+ whatever it pays for others.

For a salary of a few million a year i too would be willing to work some 12+hour days... for a while. I'd even post a few articles on how hard work is great and rewarding.

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