I resonate with this as I type this from NYC, a city significantly more nature-starved than London. I was pretty impressed with the parks and greenery in London. My friend there bought a unit in the first floor of a townhouse with a backyard in a peaceful but convenient neighborhood. Such an apartment would cost at least double in NYC and those sort of places are rare. I'm definitely not a rural person, but I do thin…
Quitting the rat race
311–320 of 434 posts
Re: Quitting the rat race
#312Re: Quitting the rat race
#313Earlier quoted context omitted.
If you have kids and quit while your family is used to the standard of living there is a good chance a divorce is in the cards. You will then owe 20% (pretax, 30% post tax) of your "imputed" salary for the kid, as well as possible alimony. If you don't come up with 20% of your generous salary you git tossed in a cage, even if the kid only needs a tiny fraction of that for a decent life. For many it's impossible to st…
Or you know, talk to your spouse about it first. I dropped down to $0 income for 2 years with two kids and a wife. My family is as strong as ever. Obviously just one data point and divorce rates are high. Do you have any data on this specific case: depressed about job, quits job to be happier, results in divorce. It seems quiet possible that given the circumstances, quitting the job might decrease the chance of divor…
Re: Quitting the rat race
#314I posted this late last night (BST) and I’m shocked to wake and see it was so heavily read and discussed. Thank you everyone!
The post received some justifiable criticism for making it sound like I’m about to disappear in to the mountains to live like a hermit in a poorly thought out, idealistic middle finger to society.
In reality the change I’m making is to move to a much smaller place where I still have people and the urban environment around me, but with a much healthier balance of the things I value: family, nature, and quiet. Importantly, I’ll be a 15 minute walk from the seaside and a short drive away from the mountains - so I’ll be able to escape to them as often as I want.
I also want to find or create more meaningful work, even though this means my income may be lower.
I don’t have FU money from working at a FAANG company, so my personal runway is ~6 months. I won’t be taking significant time off.
The most ironic thing is that change isn’t immediate. It’s going to be six weeks before my obligations here expire and until then, life continues as it has done previously. As I write this comment I’m standing in a packed train on the way in to the city, but today with a little smile on my face.
Re: Quitting the rat race
#315Earlier quoted context omitted.
> You being unhappy in your life does not mean that there is anything wrong with the world. Right? London is a great city. If you can't enjoy it, maybe it's just not for you. Try a different one.
Keep trying to leave London for the countryside or the sea where I grew up, keep on finding myself back here. I just miss the city too much when I’m away. Countryside and sea are so beautiful but I need the buzz around me
Re: Quitting the rat race
#316Earlier quoted context omitted.
Yes. I quit and then asked: “what if I stayed and do I regret leaving” on my last 4 companies. Universally the answer is no I don’t regret it. One imploded and laid off like 60% of people after turning into a nasty political hell hole. Another laid off massively and is now world renowned as a failed story. Another gave me zero opportunities and everyone was yelling at each other all the time. Believe me, I tried to e…
“No one is going to talk me into…” is shorthand for “I’m not open to any other ideas that don’t align with my preconceived notions.” It’s not terribly productive on a site whose guidelines try to foster an open and curious conversation.
Re: Quitting the rat race
#317Author here. I posted this late last night (BST) and I’m shocked to wake and see it was so heavily read and discussed. Thank you everyone! The post received some justifiable criticism for making it sound like I’m about to disappear in to the mountains to live like a hermit in a poorly thought out, idealistic middle finger to society. In reality the change I’m making is to move to a much smaller place where I still ha…
Re: Quitting the rat race
#318Re: Quitting the rat race
#319I am in my mid 20s. I have about $200k saved and I think about quitting everyday, even though it would probably be disastrous for my career. I look up and I see colleagues in their 40s-50s. 20-30 years of experience in the industry, with the performance of their RSUs they probably easily have $2m+ net worth. I really don't understand why they don't quit. Just a naive example: Buy a cheap house ($250k) and live off of…
- a lot of the people who are in their 40-50s today never saw the packages we are seeing today (well, until two years ago)
- some of them carry a family with kids. You will only understand the math behind it until you’re in it.
- life does not work like an xls spreadsheet. It’s not like you « decide » to live of $40k/year. You meet people, things happen and the next thing you know, your « basic » needs require 50% of a significant salary.
- people need a purpose in life. I have seen plenty of people with FU money keep going with their job if they like it. Not everyone dreams of creating a company or living in the countryside.
Re: Quitting the rat race
#320Been there, done that. "The rat race" is a very reductionist and naive take. What I found out is, wherever you go, there you are. You must really be at peace with yourself for a change in environment to bring you lasting peace. Mountains, beaches, deserts, forests are all amazing. But you do get used to them and then miss the cool city life and convenience. But wherever you go, you bring your problems with you. The d…
There's some truth to this, but environment does make a difference. The problem with this advice is that it seems to imply that moving doesn't make a difference - when the reality is that some people are just better suited to different environments. A nature lover is just going to be happier living somewhere blessed with beautiful nature than in NYC. The challenge of course is distinguishing which problems are extern…