I’m 46 and recently lost my $200k job. I have $3 million saved – can I afford to be picky about my new job?
Yahoo Finance·2026-01-09 15:33

Core Insights - A 45-year-old individual with a net worth of $3 million was laid off from a job earning $200,000, relying on his wife's income of $55,000 [1][7] - The individual is not ready to retire and aims to build a larger nest egg over the next decade, but is struggling to find a job that excites him [2][4] - The dilemma revolves around whether to accept less appealing job offers or to continue searching for a more fulfilling position, which could delay his retirement goals [3][6] Financial Considerations - The $3 million nest egg would yield approximately $111,000 annually at a 3.7% withdrawal rate, which may not support the desired lifestyle [5][7] - Accepting a less desirable job could allow for aggressive investing, potentially leading to a more secure financial future [6] - The decision hinges on the individual's priorities: achieving early retirement with financial security versus pursuing job satisfaction [4][6]

I’m 46 and recently lost my $200k job. I have $3 million saved – can I afford to be picky about my new job? - Reportify