I have been in a job I detested and although I somehow managed to stay at it for up to 4 years, I didn't even for once let go of my passionate hobby and other passive streams of income I was interested in at the time.
Today, one of my passive interests pays more than my salary. My mind has been yearning for a resignation, but opinions of others and family bears the message of patience with the job I so much detest for reasons ranging from inflation to fear of the unknown.
If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?
Sorry to hear that you are struggling in your job and also congratulations that you already have such good investments that yield a nice passive income. Quitting your job is a tough decision that should be well thought through. First of all, how reliable is your passive income? Will this continue till the end of your life without any real risks attached to it? A good friend of mine got a house from his parents when he turned 30. He prefers to live in the city and rents out the house with a nice passive income. The problem is that he can't fully rely on it because the house is already older and there always some small issues with it. For him it's a bonus to his everyday life, but he needs to put a lot of money away for repairs and maintenance. The second issue you already mentioned is inflation. How reliable is your passive income when it comes to high inflation. Any regular paying job has to eventually increase the salary with inflation rates, this might take a few years but is eventually going to make us not lose out on the value of our money. With any fixed interest rate passive income we might be losing in the long run if the inflation remains high.