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Archive for January, 2025

Slowing down a bit

January 11th, 2025 at 05:15 pm

After much contemplation, I've decided to decline those high stress positions.  I needed a break and the position offered by the acquiring company should give me the down time I'm looking for.  Still have the word manager in my title, so it won't look bad when I decide to pursue new opportunities, but no more managing or worrying about daily operations.  It's all technical, analytical works from now on 🎉.  Plus the retention bonus they offered was really hard to say no to.  I'm going to chill for a while, spend time on self improvement, and reevaluate in 2 years.

On the finance side, the perks from big company are pretty nice.  I'll finally be able to make use of the mega backdoor Roth that I've heard so much about.  I can now contribute as much as 25k to an after tax 401k, with the option to immediately convert it to a Roth 401k.  So total contribution to my 401k this year will be 48.5k, half is tax free now and the other half will be tax free later. Sweet!

I've also hit coastfire number, it's only appropriate to start coasting, lol.

Net worth update

Investments - 500k

Real estate - 360k

2025 forecast

Income - 150k

Saving - 60k

Income Tax - 36k

Recurring Expenses - 42k

Home improvement - 10k

Disposable income - 2k