I need help. 30 and wanting to retire asap. Your help is greatly appreciated.
I'll apologize ahead of time, there's a lengthy bit of fluff in this post, but feel free to skip straight to the question.
I turned 30 this month and I've been doing some reflecting on life in various ways thus far, one being my finances, it's effect on my overall wellbeing, and my mismanagement of this aspect of my life.
-Reflection-
I've work in some sort of management position since I was 17, starting off in the workforce at a restaurant as a manager making 60k-70k a year, depending on the bonus structures that year, with nearly no liabilities at the time. In this time period of my life I wasn't as concerned with my own finances however within my first year of management, at 18, I was able to funnel 1.5 million dollars to the bottom line of one restaurant.
Needless to say I became a very popular topic for the district managers and eventually made my way to the ear of corporate, with the CEO coming by on one occasion to bring his children to get a milkshake personally from the kid that's made him loads of money and worked hard doing so. Looking back it was like I was an animal at the zoo, wow look at the stripes on this donkey, but at the time I was honored to have the CEO come visit my location personally.
My growth slowed at the store, but continued to hold steady. Corporate had decided that I'd be best suited to be spread across the district to other stores in our state, however I didn't receive a promotion to District manager, I guess they feared I was too young, 20 at this point. Instead, I continued to run my store and I was pulled off of salary and given a percentage of bonuses from the stores that I helped develop, 5 stores total.
At this point, I had more money I knew what to do with, but for four years I worked 90+ hours every week consistently. I lived off modafinil, coffee and chasing numbers, but damn I was a rock star. Eventually with the death of someone I considered to be an important father figure in my life, he died at work with his family at home, and I cracked.
I turned in my notice and quit. I was at 24 making 6 figures, no friends, failing relationships, physically shrilved from barely eating, and mentally exhausted.
Living off my savings, I took a year off work. I got back into the gym, spent some time at several occasions at my now ex's family beach house and spent that year in reflection. For me it was a pivitol moment of my life where I realized I personally lacked balance. I tend to go all in or not at all.
Now here I am at 30 working at a energy storage manufacturing company as a production supervisor making 75k. I've placed some barriers up for myself to not allow my over work tendencies to kick back into high gear. Now I'm tired of working for someone else all together, but it's just not financially viable for me to give up this security at this time.
I find myself once again with that insatiable hunger to drive up some number, but this time my bottom line. I'd like to separate my need to work, focus my energy on other life endeavors and accelerate this investment process as quickly as possible.
-----Question-----
I'll be taking half of my income 50% (35k) each year to invest in high yeild dividends stocks and drip until I reach a livable income.
With income as the primary focus, I'm looking at some high yeild monthly and weekly dividends to compound on as quickly as possible without having to manage as frequently.
I'm aware there's high risk involved, but I don't plan on cashing out anything other than the dividends once they reach say 40-50k.
Are there any suggestions on making this work effectively?
Any ways of speeding this up demonstratably?
Has anyone ever gotten burned attempting this?
You guys help would be greatly appreciated.
Posted Jun 30, 2025, 3:17 AM UTC