(Burner account)
I recently left a very good job because of burnout/depression. Now that I'm rested and recovering, I am having trouble finding a job that is close to equivalent ($140K) and worried that the longer I'm not working, the harder it will be to find a job. That's why I am stressing about money and retirement. Currently, I am making a few thousand a month consulting part-time. No mortgage, no car payment. I do not own a home.
Age: 56
Income: About $2000 per month with part time consulting to cover expenses until I find a full-time job.
Monthly expenses
- $1,000 rent
- $300 food and cat supplies
- $80 subscriptions. ( will be cutting most of these)
- $73 phone
- $35 car insurance
- $300 health insurance (ACA)
Assets
- $710K 401k
- $125K IRA
- $36K pension ($300 for three years)
- $150K HYSA
- $10K traditional savings (I've spent some of my emergency fund)
- $3400 projected SS per month at 67
If and when I start making more $, I will put as much as possible in a Roth IRA before retirement. I'd like to feel less anxious about retirement if possible. How am I doing?
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