I'm 24, and Ive recently started a new job paying ~73k/year. I'm in a situation (very low rent & costs) where I can save at least half of my monthly salary.
The problem is, my job is stressful as hell (I'm sure others can relate!) I don't think I'll find another similar-paying job in this area in this field. I'm ok with working hard for a little while for more $$, but I'd eventually like to "retire" early in my mid 40's and switch careers to something low-stress (barista?) or where my passions are.
I'm building up my emergency fund in a high-interest savings account, I'm contributing to my 401K, and I've opened a Roth IRA, where I'm contributing the max.
What else should I be doing? Is my plan too far out of reach, or is it doable? TIA!
EDIT EDIT: Thanks for the advice on how to deal with stress, but that really isn't my question! I would LOVE advice on the financial aspect of this, please
EDIT: OKAY — maybe "hate" was poor word choice for the title! For those saying I shouldn't work a job I'm not content with, I can currently stomach my job, and there are a lot of perks that come with it.
My issue is that I just really can't see myself working in such a high-stress position 20 years down the road, so I'm trying to prepare to "retire" (aka switch careers) in about 20 years. I don't mean I'm going to cash out and sit back in my hammock on a yacht. I'd just like to prepare financially so that, before retirement age, I can switch to a lower-stress, lower-paying position I'm more passionate about until I can truly retire.
Submitted March 29, 2019 at 09:39AM by MajesticChallenge https://ift.tt/2JNqPHL
