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Reply to "Adult disappointment regarding wealth"
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[quote=Anonymous]OP - since you mention wanting more money in your 30s, I am guessing you are in your mid to late 30s. A decade past that, I can look back and recognize that early 30s is when paths start to diverge. Until then, it seems like you and your friends are all the same - paying student loans, working hard, getting raises and promotions. Then BOOM! In the span of 5 years, people you used to hang out with are living in a different world. Medical specialists finish residency and fellowships. Lawyers and Consultants make partner. Academics get tenure. Stock options vest. People get married, buy houses, have kids and their choice of home, their chosen childcare, their vacations suddenly seem different from yours. A friend of mine who stays home with 3 kids describes 35 as her loneliest year watching her friends succeed professionally. I’m in my mid-40s and I’m halfway through my career. I walked away from partner track and mommy tracked myself. It’s not for everyone, but I appreciate my work life balance more than the money I gave up. There is not a clear or easy path back to a $300k+ job if I regret my choices in the future. I also look around and recognize that most families we know with kids have at least 1 parent who has stepped back to a less demanding job. The ones that don’t are either stressed and constantly busy or they managed to make SO much money they can outsource nearly everything. The grass is always greener. Money usually comes with some trade off - time, risk, responsibility, physical damage to your body. Each career is 3 or more acts. Late 30s is the end of act 1. You have a few more pivots before you retire. Decide what you want and make it happen. [/quote]
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