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Reply to "Getting out of the rat race at 35 (biglaw)"
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[quote=Anonymous]I'm 35 and my wife is 29. I work in Biglaw making $650K a year. Should make equity partner in two years. But I really can't take it anymore and don't plan on sticking around. We have about $1.75M saved and expect to hit $2M+ by the end of the year. We spend approximately $50K a year in expenses for the two of us in a VHCOL location (more than DC/NoVA). After quitting, we plan on doing some international slow travel (e.g., 1 month in various places for about a year), then settling down in a secondary city (e.g., Denver, Portland, Austin). No kids yet, but may have in future. The decreased housing costs should easily offset any child costs, especially when both parents are around. Plus, there's healthcare, but we should be able to swing an ACA plan. Part of me is not sure if I want to get back on the treadmill again, certainly not Biglaw. The other part of me thinks I shouldn't walk away from potentially making seven figures a year and being ironclad set for life. Financially speaking, the worst case is we decide never to work again. Do you guys think uber-early retirement is in the cards? What would you do if you were in our shoes? Not worried about lifestyle, as I'm sure we can keep ourselves busy.[/quote]
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