Hi everyone, hope you all enjoyed your holidays.
Recently I got laid off my tech job after under 2 years of being in the workforce since graduating. I’ve decided that rather than blindly jumping into another tech job, I want to pick a path that will be conducive to achieving my fast lane goals.
I wanted to consult the community to see what people’s opinions are because I want to make an informed decision I won’t regret.
My main two goals are:
I’d appreciate any thoughts people have on this, thanks!
Recently I got laid off my tech job after under 2 years of being in the workforce since graduating. I’ve decided that rather than blindly jumping into another tech job, I want to pick a path that will be conducive to achieving my fast lane goals.
I wanted to consult the community to see what people’s opinions are because I want to make an informed decision I won’t regret.
My main two goals are:
- To retire by my early 30’s via the Fastlane (i.e. FatFIRE) (currently I’m in my mid 20s)
- To develop and foster good relationships in terms of friends, family and a life partner
- Stick to my field of tech in trading firms
- Pick a good WLB firm
- Pros: WLB
- Cons: Less $
- Pick a high paying trading firm
- Pros: More $
- Cons: WLB
- Pick a good WLB firm
- Go to regular tech
- Pick a startup
- Pros: Equity can allow me to directly reach FatFIRE without having to start a business on the side
- Cons: Usually less pay, higher risk, lack of control, potentially spending a long time and gain nothing, not sure which startup to pick
- Join big tech
- Pros: Potentially better WLB than trading firms
- Cons: Currently there is a hiring freeze across most firms, and on top of that the pay is probably less than trading
- Join regular tech (think Chase, Capital One, etc.)
- Pros: Most likely I’d have the best WLB
- Cons: Probably pays the least
- Pick a startup
- In order to sustain my lifestyle, I am looking to pick a location that pays $130,000 overall to cover my rent, food and sending money to my parents
- I want to prioritize WLB so I can focus on my business (if I don’t choose the startup route) and so I can dedicate time to my social goals - but given the current economy and the fact that I was laid off, I imagine I’d need to spend at least the first year ensuring that I don’t get laid off again
- If I was to choose a startup I most probably wouldn’t pursue a business since the equity itself would become what I try to FatFIRE with. In exchange for losing control I’d gain a team of people to work with that’d make it more likely for all of us to achieve our goals
- I’m a Canadian citizen and a lot of these opportunities only exist in the US. The issue with this is that I cannot legally earn income while I am on a visa, and it’d probably take me a minimum of 3-4 years to get a green card (I literally have to win a visa lottery that happens once a year to get an h1-b and then I need to spend 3 years converting that to a green card)
I’d appreciate any thoughts people have on this, thanks!
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