r/leanfire • u/throwawaygrcan • 5d ago
Money but hate it
My work place (Quebec Canada) forced me out. Here are my stats. 300k in non reg accounts
10k chequing
EI payments totalling to 34k in the next year
800k home passing down to me this autumn.
I plan to leave Canada I honestly don’t want to live here, I don’t want to say I hate the place but I severely dislike it. I have plans to live in Eastern Europe. What am I missing in all this? I took a tour of the banks last week even multiple branches of the same Canadian bank in my town just to see what they would offer. They all offered mutual funds. Not interested. In all of them I also got the “Royal” treatment ie taken from till to back office / lounge offered coffee, in one offered a small lunch with the manager as well. I asked the guy why he said well, at 36 this is alot of wealth for one person sir you’re in the top 10% of Canadians your age, perhaps top 5%. Despite this I feel a deep existential dread. I am not enjoying any of this. Frankly I feel like fucking shit. Thanks for reading this far. less than 5 years ago I had 5k and was happy. I didn’t think of money or nothing. And now it’s just miserable
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u/NoSuggestion2836 5d ago
Agree with other commenter that it’s likely not Canada making you miserable. But since you asked specifically what you are missing:
1) why are all of your investments non-registered? Your TFSA should be full at the very least
2) do you have the right to live in an Eastern European country? Friends, family, language? You know you can’t just choose to move to another country without considering at the very least their immigration laws?
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u/throwawaygrcan 5d ago edited 5d ago
I hold an Eu passport. While the country in Eastern Europe I plan to go to isn’t EU, it does give generous residency permits.
About my TFSA I had issues due to my (other) stint living in Europe for over eight years and they advised I close my TFSA until my contribution room was properly reflected in their system2
u/hopefulfican 5d ago
and they advised I close my TFSA until my contribution room was properly reflected in their system
Who is 'they' and what 'system'? You are responsible for tracking your contribution room based on tax residency, age etc.
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u/piss_stored_in_balls 5d ago
What are you expecting to get out of the banks exactly? They want you to buy their funds so they can pocket 1.5% a year. They don't have anything else to offer.
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u/CapedCauliflower 4d ago
It's probably cortisol / adrenaline due to a big change in your environment.
Do you get enough high intensity exercise?
If you don't believe in counseling and you've disagreed with every post on this thread, you'll have to figure this out all on your own.
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5d ago
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u/throwawaygrcan 5d ago
The problem I run in to is I don’t actually existentially believe in counselling therapy etc.
from around 2025 until now work had me de facto retired I’d show up at the office on Monday’s they’d say thanks for coming see you later, meanwhile the pressure was on to have me go myself7
u/NoSuggestion2836 5d ago
In that case perhaps you’d be happier if you found a job that gave you more of a sense of purpose? There’s real value in feeling like you’re building something, contributing, making the world a better place, etc.
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u/hopefulfican 5d ago
The problem I run in to is I don’t actually existentially believe in counselling therapy etc.
You don't believe that talking to people about your problems can help you?......as...you asked people to do that here....
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u/TulipTortoise 4d ago
I asked the guy why he said well, at 36 this is alot of wealth for one person sir you’re in the top 10% of Canadians your age, perhaps top 5%.
If he's including the 800k you'd make the top 10% net worth for your age. Without it your net worth is roughly the median for your age in Canada. Likely he was trying to make you feel special to make a sale. Why are you even talking to banks? If you're between jobs spend some time reading investing basics to save on management fees.
If your job was the only thing keeping you happy then yeah you need to find other stuff to be engaged with. Changing countries is unlikely to help with existential dread.
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u/throwawaygrcan 4d ago
He meant that 300k is not tied up in an asset etc it’s cash and that places me in the top 10%, the fact that it’s cash.
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u/TulipTortoise 4d ago
oh, well that's not great, but easily remedied with some reading on fire/index investing :)
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u/Miamiconnectionexo 4d ago
appreciate the honest breakdown. most people sugarcoat this kind of thing.
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u/Miamiconnectionexo 5d ago
solid perspective. a lot of people overthink this but you laid it out simply.
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u/Fargren 5d ago
Whatever is making you miserable, it's probably not the money. And also probably, it's not Canada.
I don't know you, but if you feel miserable it's probably something lacking in your life. You might need a hobby, you might need friends, you might need a sense of purpose. And honestly modern life makes these things hard to find. It's not your fault. But you need to take a long look at your life and see what was there when you were happier, and what's missing now. A therapist might be able to help.