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re: How much of an increase in pay would it take for you to switch careers?

Posted on 11/16/25 at 8:20 pm to
Posted by dewster
Chicago
Member since Aug 2006
26336 posts
Posted on 11/16/25 at 8:20 pm to
There's 40 people in this country that can do what I do and I know all of them. I'm paid very well (unless you are my employer....then I am paid poorly and I'm about to leave any moment).

I've sort of made it my trademark to build out this particular solution, and I've been doing it as a consultant for 10+ years all over the globe. I only just last year moved to a massive company to make it work there in a way that nobody has seen before - not even me.

In 6 years I'm probably going to do the same thing at another company in this industry, then 6 years later start looking at slowing down significantly. I'll be approaching my mid 50s by then, and should have upwards of about $4m retirement savings and $5,500/month in passive income if I can stay healthy enough to adhere to my plan. By then I want to be able to be very, very involved in my kid's and family life and hopefully a few healthy hobbies I can do alone since I have zero friends.

Me deviating from my plan or accelerating an exit from my current project (I actually enjoy it because it's never been done before)......that would need to come with another $100K/year or so minimum, and a signing bonus pretty close to that. I know the exact company that would do this, but they may not be ready for another 2 years.
This post was edited on 11/16/25 at 8:24 pm
Posted by KillTheGophers
Member since Jan 2016
6722 posts
Posted on 11/16/25 at 8:28 pm to
Depends on the training / education requirements.

I am starting on an entire new degree and career next year - all for free due to my old arse age.

All I wanted to do decades ago was get a math degree and teach math to bright students….but the pay and career prospects were limited 40 years ago.

Well, I am getting that math degree and I will teach bright men and women - super excited about it.
Posted by meeple
Carcassonne
Member since May 2011
10759 posts
Posted on 11/16/25 at 8:56 pm to
quote:

why retire if you feel the need to go and take an entry level position that’s designed for a young adult to gain experience in the work force.

The older guys I see in HD just stand around, talk to each other and customers. Seems like a sweet gig for filling up some time, staying sharp, and getting paid a bit.

HD gents… how old are you when you say retire early or go work there?
This post was edited on 11/16/25 at 8:57 pm
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40004 posts
Posted on 11/16/25 at 9:01 pm to
quote:

Have been highly compensated corporate employee for 20 years. Shutting it down and retiring early


Hell yea baw.

quote:

o punch a clock at Publix, Home Depot or Lowe’s for $14 or so an hour part time


What in the hell?
Posted by ronricks
Member since Mar 2021
10762 posts
Posted on 11/17/25 at 4:31 am to
quote:

I work in IT to get compensated pretty well but it is putting out new fires everyday since I deal with lot of moving pieces in cloud.


Same brother. I enjoy it but it seems like every year it gets less and less ‘fun’ than it used to be. I’ve survived several mergers and acquisitions etc and as time has gone on they expect more and more out of you and your time. It comes with the territory but it’s gotten to where even on vacation I’m constantly having to login to O365 Admin portal, answer emails at 10:00 at night etc. more stress more everything. Corporate America has become extremely unhealthy both mentally and physically. I want out as soon as possible and we have several younger guys that will be up for getting my role. When I first started I had a blackberry and a desktop pc no laptop to take home etc much simpler times back then
Posted by ronricks
Member since Mar 2021
10762 posts
Posted on 11/17/25 at 4:34 am to
quote:

What in the hell?


Something to do a few hours a week and I want access to that private Publix stock so I can buy as much as they will allow in a short timeframe. I can’t just sit around all day and do nothing I’m up at 5AM to go to gym every morning so coming home and doing nothing is a waste.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40004 posts
Posted on 11/17/25 at 7:48 am to
There’s a extremely wide gulf between doing nothing all day and working retail for 15% of your previous compensation.


Volunteer work in your community would likely be 1000x more fulfilling and enjoyable longer term.
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