u/bokeball_

I want to make clear this is not a flex! I want complete scrutiny on my situation. I can see cash flow being a tail risk.

- We are in our 30s.

- Wife is on 200K/ year job which she loves and can never be fired due to a national tenure clause.

- Left my job a year ago (have not looked since then)

- Our household expenses including monthly mortgage: $4k. My individual expense (included in the household expense) is really around $1k/month.

- Monthly household savings after the $4k/month expense: averages $5k-6k.

- Cash saving: $100k

-Our Property equity: $400k - $700k. Remaining mortgage of $500k is in her name (putting a foreigner's name, me, on it incurs stamp duty) but I have made a substantial down payment and co - paid mortgage up until last year. Property currently valued at $1.2M - $1.5M.

I have a $500k liquid brokerage, $250k pension fund accessible at 65 years old (7%-10% average annual growth rate), notified that I am on the will for a $500k apartment in 15 years.

She has a $230k pension fund accessible at 60 years old (7%-10%average annual growth rate) with $1.6k/ month employer contribution.

- House mortgage is the only debt in our household.

My wife is Australian and I am Singaporean. We both have non - expensive hobbies. I have been shuttling between Australia and Singapore for her a few times a year. I am in Australia for the most part.
Been working extremely hard since 7 years old, studied physics and mathematics at the undergraduate before graduating from a graduate program in the Ivy. Worked in corporate for almost 10 years.
I want to walk away from corporate.

I've spoken to my wife and she has no issue with me being a stay - home husband or seeking recreational employment when I am ready. In the past year of being away from the job market, I have played the role of a househusband and a portfolio manager. I have done various modelling on the math based on various cases and the body case works out reasonably OK.

What is the community's view on this?

Some (relevant) background:

- 30s male here who was trained at the bachelor level in both physics and mathematics, before graduating from physics in a global top 10 university.

Been in tech + finance sector for almost 10 years before leaving my role a year ago (have not looked around since then) to immigrate to my wife's country.

Throughout my life, I've been involved in deskbound roles due to the academic rigour of the environment in which I grew up in, with university and my professional career choice that demands long hours at the desk.

Numbers:

- Me: Zero capital gain tax from the country I am from.

- Me: Holds close to 500K in a private brokerage that is spread across 3 individual companies, 250k in a mandatory national pension fund invested in relatively higher risk funds (Greater China, Emerging Market, Global, etc) that has historically grown at 9-10%/ year. Past two years return was around 25%/ year.

- Me: the only child in the family. My only family member is a dad who is self - sufficient.

- Me: On the will for a 500-600k apartment in my home country. Full rental yield is around 2,500/ month - 3,000/ month

- Wife: on a 200k/year salary (in a role that makes it impossible to be fired)

- Wife: 230K in her mandatory national pension fund that I manages and invest in the usual safe ETFs. The tax on capital gains is around 15%.

- Mortgage (in her name to avoid foreigner stamp duty): 500k at 6% interest or $3.2k/ month but net mortgage is more like $1.6k/ month should a room be leased out. Two - storey house built 5 years ago. Total cost of the property is $850K but currently is valued at $1.3M - $1.5M.

- Combined Expenses (assuming a room is leased out): averages 4k/ month (give or take) which puts saving rate at around 6k/ month. This expense figure includes the premium for 4 crucial insurance policies of mine that provides a low 7 - figure pay out to my wife should anything happens to me.

- Holds close to $100,000 cash in our joint account.

- Does not want kids.

An obvious investment strategy that I may exploit carefully: If the right opportunity presents itself, we could draw down equity from the property as an investment loan and funnel the investment loan into the usual well - diversified ETFs in my zero capital gain tax brokerage account to benefit from the zero capital gain tax structure.

I believe I am at coastfire? But I guess my question for the community is this: I have worked extremely hard throughout my life. I am looking to pursue recreational employment by transitioning into professional culinary. Has anyone been in my position where they decided to leave behind what is considered a "prestigious" background in pursuit of coastfire jobs or recreational employment?
How did it turn out?