Ok, enough beating around the bush… I have some very exciting news to share with everyone, so I’m just going to lay it all out there. At the beginning of this year, I made the conscious decision to attempt early financial independence at the ripe young age of 30. I had grown extremely weary of the rat race and wanted to desperately exit out of the corporate workplace. I was exhausted and running on fumes. I wanted nothing more to do with work. My plans were to check out for good sometime next year, a year in which I would still be 30.
Well, as it so often happens with life, plans change. I just came back from a wonderful, unscripted vacation that took me through: Tokyo, Bangkok, and Rome, so it’s probably most fitting for me to announce another unscripted twist that has just recently taken place…
I will not be retiring at age 30 next year!
While in Tokyo, I received a job offer of a lifetime… I had interviewed at a premiere Silicon Valley high-tech company just prior to leaving the states, and while in Japan, the recruiter got back to me with some exciting news. Apparently, I had made a strong impression on the team, and they wanted to come at me aggressively.
And aggressive they were!
- 30%+ increase in base salary (sure puts my 2% merit increase earlier this year to shame!).
- $30,000 signing bonus.
- Multiple Bonuses each year.
- Outstanding health, and other benefits.
Basically, there was no way I was going to say “no” to this offer… But by accepting this offer, I’m pretty much closing the door on retiring within the next year (otherwise I would have to forfeit the $30,000 signing bonus, which requires 1 full year of service).
And now, let me explain to you readers my decision and logic behind all of this…
Yes, it’s true that I am sick of engineering and work. I’m also sick of working long hours and slaving away at the cubicle/lab all day long. After getting a taste of international travel, I am also yearning for early FI more than ever. I definitely want to travel and play on the beach all day long!
However, it’s worth noting that I’m still very much a fan of technology and innovation. Honestly, there really aren’t many tech companies out there that I would consider working for… But for a select few, I’ll admit, I would have a strong interest in being a part of that team. Being able to work on some cutting edge products with some of the best engineers in the world is definitely something that would get me up in the morning! Even in my current burned out state of mind…
This new company that I will be joining is like the New York Yankees of high tech. I liken my situation to that of an aging ballplayer who’s knees are shot and who’s on the downslope of his career. The love for the game isn’t really much there anymore, and the thoughts of calling it a career are constantly on the mind. But when the Yankees come calling (and they’re also willing to open up the vault for your services), are you really going to say “no”? Even if you are sick of it all, I would imagine that playing for the Yankees would be akin to uncovering the fountain of youth… at least temporarily.
In the short-term, my early FI plans change a bit. Don’t get me wrong, I’m still going to pursue early FI as aggressively as ever (even more so, actually), so nothing changes from that standpoint. But, unfortunately, this will probably mean that I will have to stay employed in the workforce for longer than I originally anticipated for earlier this year when I made that premature announcement to retire at age 30… Sorry J$!
I don’t regret the announcement… I was really set on retiring at 30… There was really no way for me to know that this opportunity would even become available… And just like I’ve always done since the beginning of this journey, I’m going to remain highly adaptable, open minded, and keep on going full steam ahead.
How long do I plan on working at the new company? 1 year? 2 years? 5 years? I honestly have no clue at this point, but 1-2 years would be my initial guess…
Ultimately, I think this news is something very positive. The big boost in salary will allow me to save even more aggressively and supercharge the portfolio gains even further. I’ll be making a lot more money, but definitely not spending more! My frugal habits won’t change at all… As a matter of fact, I’m really stoked that I’ll have even more funds to invest with! This means more real estate deals and more stock purchases! 🙂
In the end, whether I retire at 30, 31, 32, or even 35, I’m still going to come out well ahead. The plan is still to check out while the sun is still shining brightly and I still have a ton of life left to live. Playing in this cave for a little longer isn’t the ideal scenario, but it’s a short-term sacrifice that will hopefully yield huge dividends in the future.
And I’ll confess, the nerd in me is actually really looking forward to starting a new chapter at this state-of-the-art company. It’s extremely exciting! The honeymoon phase will of course come to an end (it always does when it comes to working for the man), but I’m really going to try and enjoy this ride for as long as I can.
My personal belief – “Life is all about the experiences and memories!” I start my new position at the new company at the end of September. Here’s to New Beginnings! Wish me luck! 🙂