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Mentor
IBD Nordics members?
Hi all! I’m looking to connect with folks who either work at Coinbase or have interviewed recently for the Business Operations and Strategy Manager or similar role. I am looking to schedule my first interview which I believe is a consulting style case. So any details you can provide, I am all ears. The next interview will be a presentation. Again if you have any experience/advice on this, I’m ready to listen.
Thanks in advance! Help me escape Deloitte pleaseeee. I want this job sooo much!
Visual Storyteller
Who else is heading to Nicky Romero? 🔥
Please help me with below
My DOJ is 30th Oct22
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There was a time when I wanted to retire by mid 50s. As a result, my wife and I saved and invested, lived way below our means and have enough saved to retire today.
However, now in my early 50s, with 2 kids, the youngest won’t be out of college for another 9 yrs, I am not sure I want to retire by my mid 50s. It’s not the cost of college that’s preventing me, it’s actually I enjoy what I do and I make a very good living doing it. I also want to wait and see if any of my kids want to work with me after college.
Besides perhaps delaying retirement, we are less frugal now though, trying to enjoy the fruits of our labor a lot more now then before. I have come to realize that I don’t need to retire to enjoy life, I can continue to work and enjoy life at the same time.
Agreed, harder with kids. Lots of tradeoff decisions. Can you give some examples of what you're thinking about?
Subject Expert
Awesome. :D
Enjoy your two vacation houses, then. :)
Gave up on the early retirement grind once the kid arrived. Sticking with the 9-to-5 now so I can provide good stuff for the family (beyond FI) while making sure I’m home in time for quality time.
Agreed, we prioritize kids before investment during our 30s and started investment at 40. We are blessed that my income and my spouse’s picked up dramatically in our 40s - we started invest aggressively. 15 years later, we finally hit 3M. Now looking back, we are happy that we prioritized family and build a strong foundation for kids to develop and grow.
To me it means getting to the numbers that give you the flexibility. To get to the point where if something happened, I could shift things and not be pressured to need to work. Currently if things go as planned, I am not stopping work before I have at least 2 kids in college and there are some vesting triggers that matter too. After that, it’s flexible based on what I want. But things rarely go as planned, so I take it with a grain of salt and just try to build the number so whatever happens I have flexibility.
Mentor
Very straightforward for me. I had amount and years of service to my company in mind (pension benefits). I hit the number a while ago, and will hit years of service goal next year. Key for us was including kids' expenses and college in my FIRE numbers, and estimating high. I may have oversaved for college, but no big deal.
For me it’s 3 million, not including retirement savings.
Not much. Pretty low maintenance. Don’t even plan to live that long… want to leave a nest egg behind for my family.
The goal for my spouse and I are to work hard until the kids are more involved in sports and activities (starting around age 8 - 12), then i quit and spouse continues working.
By then we will have mortgage and kids’ tuition taken care of.
Phew, we also have a 1 & 3yo. I have taken a back seat in my career (kind of).
I have a flexible WFH job. If I had to go into the office, idk how we could do it. I (the wife) does most of the care taking (drop off and pick ups, dinner, bed times, bath, etc.).
Typical day for me:
6-745- herd the kids.
8:15-4:30 - work.
4:30-7:30 - dinner, bath, bedtimes (husband does kitchen cleanup and sometimes play area which is sooo helpful).
8-9:30/10 - we both log back in and work some more.
We outsource: bi-weekly cleaning, lawn care and grocery delivery.
We say “no” to most social outings if our kids aren’t included. Saturdays are typically all about the kids.
We don’t have family nearby to help so occasionally we hire someone to watch them on a Saturday if we need to focus on something like taxes.
I am currently a remote support help desk and MSP technician