- Sep 17, 2002
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Have you done it? Has it worked out the way you intended?
A little backstory, I just turned 40 and am doing well in upper/middle management. I actually do enjoy my job for the most part. We live in a medium size city, near decent schools, and generally enjoy it a lot. We are on track for a very comfortable retirement at age ~55 (just about when the last of our 3 kids heads to college).
All of that being said, my heart is living in the mountains and we spend a good amount of time up there. It is always our goal to move there in retirement. My wife has spent several weeks up there this summer with the kids (me doing long weekends). It has got us thinking...why don’t we just live up here. The schools are amazing, really family friendly town, amazing amount of activities for kids of all ages. Some of the best mountain bike trails in the state. Great skiing. Problem...not really job friendly up there. Given that I work in tech, I can go the route of remote work. No one is going to give me a remote VP job...but I imagine I can find some programming jobs. While I have been in management for a while...I have always kept my fingers in the tech (doing POCs, mentoring, personal projects, architecting projects, etc).
Problem is that this will likely be a considerable drop in salary (50% maybe). We should be able to combine the city house and mountain condo assets to buy a house for cash in the mountains...so that releases some financial burden...still thinking retirement will be further off than 55...but not sure if I would care. My wife will probably work a bit once our youngest is in school (2yrs), so that will help some (although I kind of already factored that in with the 55 retirement plan).
Thoughts? Who has done something similar and are you happy with where the path has taken you?
A little backstory, I just turned 40 and am doing well in upper/middle management. I actually do enjoy my job for the most part. We live in a medium size city, near decent schools, and generally enjoy it a lot. We are on track for a very comfortable retirement at age ~55 (just about when the last of our 3 kids heads to college).
All of that being said, my heart is living in the mountains and we spend a good amount of time up there. It is always our goal to move there in retirement. My wife has spent several weeks up there this summer with the kids (me doing long weekends). It has got us thinking...why don’t we just live up here. The schools are amazing, really family friendly town, amazing amount of activities for kids of all ages. Some of the best mountain bike trails in the state. Great skiing. Problem...not really job friendly up there. Given that I work in tech, I can go the route of remote work. No one is going to give me a remote VP job...but I imagine I can find some programming jobs. While I have been in management for a while...I have always kept my fingers in the tech (doing POCs, mentoring, personal projects, architecting projects, etc).
Problem is that this will likely be a considerable drop in salary (50% maybe). We should be able to combine the city house and mountain condo assets to buy a house for cash in the mountains...so that releases some financial burden...still thinking retirement will be further off than 55...but not sure if I would care. My wife will probably work a bit once our youngest is in school (2yrs), so that will help some (although I kind of already factored that in with the 55 retirement plan).
Thoughts? Who has done something similar and are you happy with where the path has taken you?