I wanted to test Google's new Veo 3 . So I made an entire commercial for my wealth management firm. There has never been more leverage for the little guys than there is right now

SpaceX is letting employees sell some of their stock. In the last year I've heard of multiple employees with MILLIONS in company stock. To an advisor it screams SELL! DIVERSIFY! . But to them it has their path to wealth and they don't want to give it up. This type of calculus.

Overall I rank these folks a 2/10 busted golden handcuffs. They MIGHT have enough assets to be more independent but we don't have a plan that confirms that. They are missing detailed goals, investing, and tax planning. If you want independence it's time to get to work!

#7 - The Sabbatical . Aha! In the comments we see reality a little better. These folks are mentally planning something more like a sabbatical . Their plan isn't detailed enough to understand the impact of this but when you plan a break you need a different set of tools than a

#6 - The Portfolio.Our biggest signal the plan is incomplete is this lack of a distribution plan. >Different pages about company stock. >"transfer to VOO" is not a strategy. >Buying an index is not a strategy. >You MUST "look deeply" into the tax impact of your withdrawal plans

#5 - The Insurance (cont). You're allowed to leave your job for another one for any reason, including insurance. Insurance is always a top concern. Take the time to know what income gap you ACTUALLY need to fill after your exit so are swapping one set of handcuffs for another

#4 - The Expenses.This is not a budget or a cash flow statement. These are estimates. Great first step but not the detail you need to consider yourself prepared for the leap. Get a better understanding of insurance costs before exit. Don't "hope" that your parachute is packed

#3 - "Unaccounted Wealth". A balance sheet is the foundational part of a financial plan. There is no such thing as unaccounted for wealth. (although here they then account for it. just have a balance sheet)

#2 - The Net Worth.Two tech workers who have done a great job saving early in their career. Now they are making an exit (after a layoff) ahead of plan. They MIGHT have enough but their accessible funds (brokerage) are low for 30 something retirees

#1 - "we are done". Anytime someone is making a jump FROM something rather than TO something it signals burn out more than empowered exit. You CAN be both but developing a vision for what's next (even if you don't know the specifics) is important. Let's read on. .

This person said they were DONE and ready to pull the ripcord. Let's take a closer look and see how ready they really are to make their corporate exit - 🧵. (bookmark this to plan your own exit)

My compliments to the simulation

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Surprise sailing life tips. 1) you’re fastest downwind but you FEEL fast with your face into the wind. >don’t confuse noise with progress. 2) it’s exciting to lean sideways but you’re fastest heeled over just enough . > don’t confuse work with productivity . (Pic from weekend)

Cc @ImSamThompson you in?.

I bet I could turn Zillow into an augmented reality style app we would all use to stalk by the end of the week. like pokemon go for nosey neighbors.

Pulling the ripcord on your corporate role?. Here's one GIANT mental hurdle you'll have to face:. Waiting for things to be "normal". People put off looking at their income and expenses, planning tax moves, and making big life moves, . "because so and so just happened so we'll.

Looking to leave your corporate job?. A "stoplight plan" might be just what you need to feel ready

An inheritance can be an incredible gift, a boost to your freedom, and also a really hard emotional thing to deal with. Make a plan, work to understand your situation, and have clear action items to make the most of it.

> Understand and track personal spending. This wasn't about "can vs. can't afford" it was about adapting their plan to how they want to live. > Set business goals, as a solo biz owner they wanted business revenue targets to stay on track. > Investment goals, they didn't "have" to.

4) The Personal Plan. It turned out that for this (young person) the amount meant their personal plan worked really well if they:. 1) Kept working (but no longer had to save).2) Let the inherited money grow. That gave us some really clear things to watch:.