I understand that some fields are just not as amenable to part time as others (i.e. Surgery). For those who are in a part-time friendly field, I'm trying to weigh the benefits of going part time sooner vs later. Sooner for me would look like having all debt paid off (school loans and mortgage), relatively low fixed expenses as a result (about 80 to 90k per year, 529s for all my young kids adequately funded, and about 500k in mostly retirement accounts. This could be in 1 to 2 years. Later means waiting to reach FI, which would be funding investments until my spendable accounts were 2 to 3 million. I would guess this could be in 5 to 7 years.
Part of me says grind it out a few extra years, while the other part of me says go part time ASAP since you only live once. Part time income would easily pay the bills and allow a bit to save.
Part of me says grind it out a few extra years, while the other part of me says go part time ASAP since you only live once. Part time income would easily pay the bills and allow a bit to save.
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