We are a couple in our early 40s with 2 elementary school kids. We make about 220K a year as a couple. Our current net worth is $2.2M with about 400K of it being home equity. Our 1.8M investments are about 25% taxable, 75% tax deferred. We live in one of the most expense housing markets in the country. We purchased our house in 2013 and it has doubled in price since. Got 2 new cars over the last couple of years. We have no debt other than our mortgage which is at 2.5%.
Lately, I have been really struggling with motivation towards work. My profession is not something I have ever necessarily loved. It is something that has always paid well and I have been fairly good at it. The work itself is not stressful or challenging nor is it very fulfilling. I have been doing the barely minimum at work lately and still get good reviews. I have no motivation for promotions or more challenging assignments at work. I have tried changing industries in the past but never really followed through since I didn't want to take a salary cut.
Since COVID, I have been working from home. I do try to get out of the house every day and either workout or golf. I also spend a lot of time with the kids once they get from school and drive them around for their activities. But now as they are getting older, they are becoming more independent and able to entertain themselves with minimal supervision.
Our longer term plan is to work till our little one is out of high school in 10 years and re-locate to a lower cost of living area. Our investments should at least double by them. Our annual expenses are about $120K and we should be able to semi-retire at that point.
Life right now just feels blah. On one hand there is really no reason for me to feel this way. We have more than enough money. Even though I don't love our house, we got it for a very good price and very lucky to have lower housing costs than most in our area. Everybody in the family is healthy. Kids are doing good in school. I get to spend a lot of time with them. We take a ton of family vacations and build memories.
On the other hand, I feel like something is missing in my life. I would love to move to a bigger house but real estate is out of control and I don't want to double our mortgage. We have thought about relocating but decided to stay put until the kids are out of high school. I don't love the area we are in. I have a serious case of seasonal depression and winters have been impacting my mood more and more every year. I am realizing that unless I have something to work towards I can't really get motivated to excel at work. Making more money doesn't motivate me since I would just save it. But with where our investments are at this point, it wouldn't make a ton of difference since we still have to work for another 10 years.
Is this something others have gone through? How did handle it? Any resources/websites/books you could recommend that might help me snap out of this funk?
Lately, I have been really struggling with motivation towards work. My profession is not something I have ever necessarily loved. It is something that has always paid well and I have been fairly good at it. The work itself is not stressful or challenging nor is it very fulfilling. I have been doing the barely minimum at work lately and still get good reviews. I have no motivation for promotions or more challenging assignments at work. I have tried changing industries in the past but never really followed through since I didn't want to take a salary cut.
Since COVID, I have been working from home. I do try to get out of the house every day and either workout or golf. I also spend a lot of time with the kids once they get from school and drive them around for their activities. But now as they are getting older, they are becoming more independent and able to entertain themselves with minimal supervision.
Our longer term plan is to work till our little one is out of high school in 10 years and re-locate to a lower cost of living area. Our investments should at least double by them. Our annual expenses are about $120K and we should be able to semi-retire at that point.
Life right now just feels blah. On one hand there is really no reason for me to feel this way. We have more than enough money. Even though I don't love our house, we got it for a very good price and very lucky to have lower housing costs than most in our area. Everybody in the family is healthy. Kids are doing good in school. I get to spend a lot of time with them. We take a ton of family vacations and build memories.
On the other hand, I feel like something is missing in my life. I would love to move to a bigger house but real estate is out of control and I don't want to double our mortgage. We have thought about relocating but decided to stay put until the kids are out of high school. I don't love the area we are in. I have a serious case of seasonal depression and winters have been impacting my mood more and more every year. I am realizing that unless I have something to work towards I can't really get motivated to excel at work. Making more money doesn't motivate me since I would just save it. But with where our investments are at this point, it wouldn't make a ton of difference since we still have to work for another 10 years.
Is this something others have gone through? How did handle it? Any resources/websites/books you could recommend that might help me snap out of this funk?
Statistics: Posted by eg1 — Fri Sep 13, 2024 4:24 pm — Replies 3 — Views 178