If you have achieved a high net worth level relatively early in your career, you may be contemplating whether work is financially optional. While the actual decision to retire early is complex, a few guidelines are available to begin the process of determining whether it is feasible.
A liquidity event could place you and your family well on the road toward financial freedom. However, the influx of new funds presents the potential for costly mistakes if new wealth is not handled properly.
Given the very high cost of homes in the Bay Area, you may feel you have to stretch to the limits of what you can afford (even if you have a considerable net worth) in order to buy a house that you feel is satisfactory. This paper highlights some of the risks.
If you are the principal owner of a company that has successfully progressed beyond the startup years, your personal financial situation can present unique opportunities and challenges.