I wanted to get some thoughts on my financial situation. I really don't enjoy working full-time and ideally want to go work-optional as soon as possible (or at least have the freedom to pursue another career without worrying about the money).
Assets:
- Cash (Offset): $185k
- Equities: $165k
- Super: $97k
- PPOR: $1.05m
Debts:
- Mortgage: $710k
- Tax Debt: $10k
I make about $140k a year and save $2-3k each month after all costs and expenses. My goal is to have the mortgage covered by assets in five years time (so when I turn 35) but I know that having a paid off PPOR doesn't really provide any freedom or generate income (unless I rent it out).
Is it realistic that I could drop to part-time work instead or potentially pivot into something lower-stress or remote so I can travel more? Keen to hear if anyone has done the same or in a similar situation?