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Hi Fishes
I want to share very bad experience I had at Mastercard
I was given offer by Mastercard in month of Dec The hike was less but looking at brand & other perks I accepted the offer & was looking forward to joining them.I got few offers & I went back to them for sole purpose of renegotiating CTC, to have a industry standard hike. They didn't reverted back for 2-3 days & just dropped a mail that they are revoking initial offer as well on grounds that they didn't like i gave other interview
What is your companies medical insurance like?
I think my company has not so good insurance but that’s just compared to friends I know that work down at the docks/port.
Current medical plan - single person.
plan is level 2 out of 3 tiers.
$97 a month blue anthem ppo
$1700 deductible
$4000 out of pocket max
100% preventive covered
80% diagnostic covered AFTER deductible hit
80% prescription covered AFTER $200 deductible hit…
Thinking about having surgery for my knee and this seems costly
Northrop Grumman
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Sooo AMC.. who’s in?
😂
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Depends on your goals. I'm 31 with 13M from a good run at a tech company. I plan to coast from here and keep working because I enjoy it.
Figure out what's important to you and make it a goal. We all need a mission to strive for. Mine is to keep doing what I enjoy. It gives me a routine and a purpose. Good luck!
My advice is to stick to the work you love and then find balance in your life
Trust the math. $2M in invested assets at thirty, assuming an average annual return of 7%, will be worth more than $20M by age 65. You’re secure already for retirement and you probably don’t need to save another penny.
Let that be freeing - you can do whatever you want now, so long as it covers your costs of living. Take a lower-paying but more rewarding job, explore new career paths, work something with fewer hours to spend time cultivating interests, hobbies, and relationships outside of work.
But also make sure to keep treating your mental health. Jobs, money, prestige, success, etc. will not treat underlying depression. Work/keep working with health professionals and embrace the flexibility your financial security gives you to put those recs into practice.
This is great advice.
OP, I recommend you read some books : Designing your Life and The Upward Spiral. I Could do Anything if Only I knew What It Was is another good one. If depressed, no harm in seeing a professional or getting meds to pull you out of it.
Congratulations on this financial milestone. The world is your oyster!
Have you set goals that you’re saving for? Like when you want to retire, how much you want to spend a year when you do, any major purchases (sounds like you already have a house), etc?
Saving without goals can make it seem like an endless quest. But if you have $2m at 30 you’re well ahead of most people and likely can scale back a bit to enjoy life more. Just starts with understanding your goals and how much more you need to save / grow investments by to hit them.
Although I don't struggle with depression, I can empathize with your position and feeling like you lack purpose. Saving is great but it can feel like an endless rat race.
My understanding is that purpose and fulfillment is something you have to actively construct in your life, not something you passively encounter.
Common ways people find purpose seem to be:
- serving others. helping people, giving to charity, raising children, mentoring others, volunteering.
- relationships. deep connections, feeling wanted and needed. romantic, platonic, familial.
- belonging to something bigger. I can't wipe the rational skeptical parts of my brain and make myself believe in religion but they seem to have this part sorted out. Other than that idk, maybe a community group or your city or a hobby group, or connection with nature.
- creative expression. Like most of us your creative skills have probably been left to wither away by a life of corporate labor but you could probably nurture a creative skill.
- contributing to something and feeling useful. Usually this is covered by work. But it seems like it would be easier with a job that feels like it actually matters and/or benefits the world rather than most of our fake corporate jobs pushing paper and crunching numbers.
- seeking personal growth. feeling the progress you make. Either physically, mentally, financially, etc.
I would strongly recommend therapist if you struggle with depression. A psychiatrist to discuss medication options could help too.
With your net worth, you could take a lower paying but more fulfilling job. Or a part time job that allows you to spend time on hobbies and passions.
I’ve accepted that I can never “feel” secure. But I know that I can always find another job or do something to at least support myself if I need more money later. Don’t stay at current situation if you’re miserable!
A1 so true. I’m 65 and my 40 years of work have left me with no sense of accomplishment at all. But I’ve started writing books, which most certainly does.
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I suggest a couple things in parallel:
Address your depression as best you can. Financial planning is not a substitute for psychiatry.
Do some financial planning. You can't have a sense of whether you are secure with a particular asset base unless you know what your goals are. Sit down and do one of the structured goal setting exercises, to try to get to a comprehensive set of SMART (specific, measurable, achievable, relevant, time bound) financial goals. Reflecting in light of a master list, after brainstorming for a while yourself, is a good tool. There is a master list here: https://pwlcapital.com/wp-content/uploads/2024/08/PWL_GoalSurveySummary_2022_Final.pdf
Also get a good handle on your spending, so you know what you spend. You don't have to change anything for now, just measure.
And think about whether you actually want to work for money, and if so, what kind, and for how long.
And then do some financial planning and figure out how to best use your income and assets to meet those goals and whether the plan is likely to succeed.
You are much more likely to feel secure out of a rational conviction that you know what your goals are, know how to use your means to meet them, and are likely to succeed, than you are by just reassuring yourself or having others reassure you. :)
And of course people here will be around to answer questions.
What do you like to do? What gives you joy? Lean into that. Let yourself be in the moment and enjoy life.
For me, it would be traveling. Cut back on saving and coast fire until you’ve figured it out.