Question for those who “made it” or living the Coast FIRE life.
I’ll try to keep it short here.
Situation:
I’m in my 30s and I’m a working professional living in a MCOL area. I have done “well”, from a financial standpoint point, and was able to save up a healthy amount in my retirement where if I don’t put another penny and assume 8% growth, to factor in inflation, I would be able to replace over 85% of my current salary in retirement if I start distributing at 59.5. In addition, I have an affordable mortgage that is less than 10% of my gross monthly pay and I save >25% of my take home pay, not including company match.
Essentially, I’m at step 8 of the FOO and I’m starting to change my savings to an after tax brokerage account investment to eventually bridge the gap between an early retirement age (say 50) and 65. If I keep going at this rate and pivot my savings away from retirement minus the amount to get my company match, I should have about $70k a year in the bridge years.
Question:
With all that said, I’m facing a dilemma at work where I’ve been passed over for multiple promotions over the last couple of years and starting to feel stuck and mentally taxed because I feel like my manager and some peers have a negative opinion of me for whatever reason. Is it normal to feel this way? If you are in a similar situation or have gone through something similar situations in the past, how did you deal with it?
I know being in Coast FIRE means I should be able to “not care” but I feel frustrated because I have shown I can do more but not getting the merit I deserve. And if I do decide to “let it go”, I feel that I wasted my potential/capability or wasting time at work doing menial tasks. I guess I was hoping that deciding to not care would be on my terms and not because I’m artificially being held back.
Any opinions/thoughts/advice are greatly appreciated. TIA!