Should I keep my new job or boomerang back to my old job? The new job pays 50K more base, 25K more bonus and I get 40K a year consulting for the old job so around 115K difference in cash (not counting equity).

So why even consider going back to the old job? The new job keeps me busy 12+ hours a day while the old job is a coast at 1-2 hours a day max.

My idea is not to enjoy the free time and sit on *ss, but to figure out side gigs, passive income streams or even start a startup. (continued)

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I'm 53 without a whole lot of savings (long story), but a super successful track record and able to code 10x no problem - as in build an entire SaaS product without help and so on. But, it's a total gamble vs 115K/year in the bank. But at the same time 115K after taxes even sustained for a while without burning out (unlikely) is not going to be enough to retire within 5 or so years.

The only way the move makes sense is if I can make >115K and hopefully scale that to the point where it's 2-10x that amount.

Any thoughts? How likely is it that I can at least make that shortfall through side gigs (eg consulting)?

I think you should keep the new job, just do enough to get by. Find ways to be efficient so you don’t have to put in as many hours. Continue to use the old job as a side gig, save up, and invest in passive income streams that won’t take time.

Thanks. The problem is all the face time needed. I'm in meetings all day every day.

Do you have ideas for passive streams which don't take time?

Keep the old job and get a part time gig

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