Age anxiety - I feel like I wasted my life. Everything is becoming uneventful
This post is inspired by a similar one on the S&T forum. Christmas is boring as ever, and I just need to vent. This will probably get covered in MS's, so I'm sorry in advance.
I can't shake the feeling that I just wasted my life and that I'm missing out on a lot. For one, I secured myself career wise - I got into the largest name in FI research, when clearly it's near impossible to do so. But this came at a heavy expense. For context, I'll be 25 next summer when I actually take the job (and basically starting my life, in general).
More context: I grew up in a 3rd world country where no one gives a flying flamingo about finance. There is actually a local joke about avoiding to study economics and such, lest you end up disagreeing with the government policies and get imprisoned. Nonetheless, I absolutely LOVED watching finance/econ videos on Khan academy, simply by coincidence when I was learning math during my teen years. I specialised in business against my parents' wish (the holy med school) and graduated just fine at 21. Back home there are hardly internships or even high finance jobs for the average person, nepotism at its ugliest is thriving. I had to get shoved into the military for 18 months as well. During this time, as well as my time at university, I learned everything I ever wanted and more about finance, mostly self-taught. I even enrolled in and passed CFA level 1 and scored pretty high on the GMAT. I applied for a top MSc in Europe (which I also found by coincidence, a professor from this programme has quant lectures online) and got an offer, which I used to literally beg for jobs at home. In a 6 months gap after the military I got [unpaid] experience, before heading to my MSc (btw offices were open at the time, they just didn't want to pay).
Those were supposedly my best years. I'm not remorseful because the alternatives are abysmal (and the pandemic probably did the same for those younger than me anyway). First year of my masters was great, I had 2 internships in research at large banks. Second year is my biggest academic success so far. But quite honestly it's such a pain thinking about and seeing how enjoyable life could've been under different circumstances. I've made plenty of western acquaintances who constantly boast about their social activities online (comparison is truly the thief of all joy, never forget) and goddamn I just can't help but grill myself every time I see it. Seriously I had to deactivate my Instagram for good because it was eating me up. Even my job offer is surprisingly uneventful. Everything is. I never wanted a hedonistic life, I will always pick career & education 1st; but I wish there was just a balance between working so goddamn hard and taking a breather. I have become conditioned to always think there's actually more to work/study for and that I'm not doing enough every time I take a rest.
And now I have to think about growing older and that those years are never coming back. Surely someone who spent their early 20's traveling, making friends, going out etc is infinitely happier than someone who spent his early 20's pricing hypothetical swaptions and plotting endless forward curves for no reason. The only friends I made from online gaming have lost contact when I got into the military, and now I just have to rot alone. It's hard to penetrate a clique at this point, when I'm too old and unrelatable to the zoomers, and not that I have any motivations to begin with. Constantly swinging between complete apathy and readiness to give in to loneliness, and pathetic episodes of self-pity. And let me tell you, during these episodes it doesn't help how successful I might be, I always (stupidly) look away. In comparison, all career advances seem like nothing to "what could've been."
Tonight I will start studying for CFA level 3, because honestly I think I will go insane if I don't keep myself preoccupied. Gym was shut down so I have no choice. Thank you for reading this far & merry Christmas.
TLTR
Sounds like ur pretty soft
Ur definitely pretty soft
I assume you've saved quite a lot of money. Why don't you go to South America for cheap coke and big bundas then reevaluate your options and what you want in life? Being 25 is arguably better than being 20 because your dating pool is larger. You seem to consider that you won't be able to get your early twenties back - that's true, but what's stopping you from enjoying life now? Holy shit CFA Level 3 are you fucking kidding me?
I can sympathise with how you’re feeling, and know it must feel pretty shit & suffocating. I think I’d just offer up some hope when it comes to building new, meaningful connections “even” at 25. Cliques/existing friendship groups can seem pretty hard to break into, but trust me, it’s so much easier than it looks once you’ve mustered up the courage. There are a lot of welcoming circles out there, a lot of people happy to make new friends.
And from the tone of your post it would seem that you know that what you’ve been conditioned to feel — that endless drive towards more and more work and education — is not what you want. If that’s the case, it’s super important for you to take your foot off the accelerator, just a little! Hell, there’s even a pragmatic case for avoiding burn-out — but just in terms of what sort of life you want to live, sounds like it’s time to leave some time in the day for new things. Unironically look for new hobbies: not something like collecting watches, I’m talking about an activity that puts you out there, keeps you engaged, and that will get you in contact with new people from different backgrounds.
Best of luck :) if you’d like, u can drop me a DM!
What do you mean by this? Had you gone into medicine, you'd still be in med school. The same goes for law or any of the professions where you can really "make it" in your 3rd world country. 25 isn't that old tbh.
Hey dude, sounds like you have worked yourself to the bone. However, at least now you have come to the realization that there is more to life at the age of 25. Some people come to this realization at 50 or even later. You are still young and you can make the best out of the rest of your 20s and further on. I would not dwell on the past and focus on making the best future you can achieve.
Doing literally anything other than the CFA would be a better use of your time
I agree. The CFA single handedly fucked my early 20s
ok I'll bite. Why not do the CFA?
Yeah me too
I did level 1 and studied for level 2 (but failed). Agree it was so miserable I decided to give up. I got L1 which help me get my current job but its not worth the pain especially if you have a decent seat already.
drop the CFA and go spend the time out at bars making friends. Learn to drink and pickup girls... have some fun dude - go to some music festivals.. take some vacations to some exotic places or go snowboarding in the alps.. do something cool
That right there is your problem, fuck your 20s. don't buy into that propaganda bs. the best years, esp if you are man are those once you have established yourself, have some power, money and respect. for most that's from 30s onwards maybe till mid 50s, with modern medicine even longer. id rather not relive my fucking early 20s (im 27 now)
This is exactly how I approach the issue as well. Context: Masters degree grad in June '21, current CFA L1 candidate for mid-February '22, 195 hours into it (over ~4.5 months) with 84% of material done and rank 71st-72nd percentile on their online study center thingy (averaging 81% over 2400+ Q's, so I should have a strong margin of error for the exam).
Re: my approach. There is very little in life that I have access to in my 20s, I'm 27 for what its worth. Work in equity line of credit, pay is relevant for the country I'm in, but crumbs compared to what people in major financial centers get paid (not from a Tier 1 finance country). There are very few things that I desire that I can get in the quantities I would like. I can afford a mortgage, but nothing extravagant. I can afford to add to the stuff I am collecting, but in very little quantities at a time. I can't afford any supercars, much less hypercars.
I need to keep adding certifications to get to a Tier 1 country. First step was masters, now it's CFA, after that it's CAIA and then might do that CFA ESG thing as well. If I can get a successful transfer to Germany or Switzerland at a top AM then I believe I can achieve lower-mid 6-figures all-in by 35. To me, a career in finance is much like going to the gym - you're not going from "sticc" to "thicc" in a week, not even a year. So just because it's not going to happen instantly, we're going to quit all of a sudden? Not a chance.
We brainlessly idolize getting wasted and for what exactly? Would your 20s have been a whole lot better if you ended up as some smooth brain working as a clerk? Place more value on your achievements and current position in life, this will make you understand that it's not all for nothing.
Honestly, not that your situation is that bad, but I recommend you talk to a therapist. Just getting out of bed, and getting dressed for the purpose of speaking and expressing yourself will do a lot in terms of filling the void. A lot of people have suggested you go to travel, chase women etc., but I don’t get the impression that it’s the pleasure that you are after. It's not easy fulfilling every aspect of life in a 24 hour day. For people like you, the sacrifice has been social life for career, for others it would be career for health, or social life for health. There's always going to be trade offs. Another thing you want to consider, is how badly you want to change your situation. As insensitive as it sounds, I'm not sure how much your situation is stinging you. You could've been in a real bad state at the time of writing this post, and gotten over it by the time you woke up. If you want to make a change, you have to take steps towards it even when you aren't feeling the pain. You can't expect to have people around you during your down times if you are spending most time alone during your better moments.
Ironically enough this is actually true. Feeling a lot better right now, especially reading the replies on this post. I am 100% seeking therapy, but currently I cant bc it's not in my insurance, and I'm broke lol.
Whenever I see someone publicly sharing their "happiness" these days, I question what their motives truly are. Most people I know who have all their shit together pretty much lay low.
My suggestion is to find a way to really disconnect from the BS behind career, education, social status etc., and just do things that you think are truly meaningful and therefore worth your "free time". Instead of thinking about what you should be doing by a certain age, just do something that's worthy of today, and then some more tomorrow. You can't possibly feel like you've "wasted your life" in the future if you spent every single day along the way doing something meaningful.
Don't compare your "behind the scenes" with someone else's "highlight reel". Traveling can be overrated and is often just a modern way of signaling wealth behind a veil of "cultural immersion". As someone with connections to the airline industry, I can pretty much travel anywhere for 10% of the cost. The most enjoyable part of traveling for me was always the ability to unplug from all the BS in life. Where I traveled never really made a difference as I pretty much pay the same ignorant tourist tax everywhere. Hell, even the scams are the same.
Grass is always greener. One of my buddies had his tech startup exit. He has so much money he has no idea what to do with it. But as my friend, he was willing to share something pretty dark about his success. He told me some of his peers from his YC batch are actually billionaires and he sometimes wonders why he couldn't exit for just as much. So you see the hedonic treadmill truly never goes away. You really have to stop judging life by its series of outcomes, but rather the intensity of its experience. Just hearing bits of your story, it sounds like you broke a lot of barriers and have squeezed a lot out of your upbringing than what most can obtain. You got more than half of your youth left to experience the rest of what life has to offer and I'm willing to bet you set yourself up well to do just that.
Just be your authentic self. Takes some people a lifetime to understand that.
If I can offer any advice from someone a few years ahead of you it is that comparisons can be misleading. Sure, those photos of your acquaintances in Thailand or Brazil look amazing, but that is their highlight reel. Like it is for everybody else, life is slow 95% of the time with 5% where important or memorable things are happening. Heck, even when you travel, most of the time is spent moving to places, or preparing to move, or waiting in a place before you start moving or waiting in lines once you get to a place. Even the minority of these big trips is memorable.
I have roomed with a few people who naturally become the center of attention at parties and they too are just looking at their phones after work like everybody else most days. I am also friends with people who have zero posts on social media and lead content and happy lives with the few people and family they deeply know. You are at a much more level life wise than you think. Everyone likes to make themselves look good to others. Just read it with a dose of perspective.
thebrofessor please chime in as well, as I always like your words of wisdom.
I'll write one up following thebrofessor if he is able to share some life wisdom. This has become a common theme on WSO lately these days, and quite depressing to see. I remember my old manager once told me when we were looking at the glass buildings when we were posted at the airport gates, "kid, I did that corporate life nonsense until retirement hit me. You won't find meaning in your work, but you will find meaning outside of work."
My father once told me when he always saw me studying and never went outside to go play with the kids, and told me that I should put the book down and go make friends. He was always able to make new friends easily and was the center of attention wherever he went. Wealth/career/prestige were never factors on him (relatively poor, but always generous with his money). Whenever he showed up to a spot and people knew he was there, he'd be swarmed with company.
Yeah, I'd finish this post when my tears dry up. This often brings back old memories of my old man. Just know that you have a community here, so don't be a stranger.
It's a terrible day for rain.
-Mustang
this post is a symptom of a phenomenon that has plagued man at least since we ceased needing to have a subsistence lifestyle - OP is not a total person nor is he working towards it.
OP, take a deep breath, this is normal. you're experiencing something called "the enigma of arrval," I've not read the initial book but the basic theme is this - you have preconceived notions about a place, work like crazy to get there, but then when you arrive, you don't feel ANY DIFFERENT and this can be crushing emotionally. it also sounds like you're feeling some emptiness outside of things like study and work. one downside of always keeping busy is that you steal precious time for reflection from yourself.
I can't claim to have had the 3rd world/helicopter/tiger upbringing you had, but I had an eerily similar existential crisis between 24-26, here's how I worked through it.
so that's it OP, that's how I got out of my rut, but that's just me. the theme is simple - take time for yourself, because when you work on yourself, good things come, even if it takes a helluva long time
feel free to follow up with more Q's
Man. Thank you so much for taking the time to write all of this! I feel flattered. This does seem like a nice roadmap to follow, I'm missing on a lot of the variables that obviously helped you here. I saved the other post you attached here and promise will read it carefully.
Just to touch down on something you said here. I haven't been using social media for about 10 days, I'm already seeing improvements. I will probably return to twitter because I'm following 500 of macro experts on there, and I need their insight & research for my job. But yeah I've been increasingly conscious about my own achievements relative to the goals I had set years ago and how those goals kept changing along the journey. I know being "self centred" is thrown around with an intent for shaming, but it's beneficial in this context, especially with the framework you outlined here.
Great stuff man. Thanks again!!
Ut nemo aliquam eum sit atque voluptatem minima voluptas. Accusamus odit quis nemo minima voluptates sit sed. Ut voluptatum totam ducimus veritatis excepturi. Illum saepe sunt natus dolor qui voluptas dolor.
Culpa aut veritatis aut molestiae sit. Odio ad ad eum voluptatem voluptatibus. Omnis molestiae inventore minima voluptas nihil natus. Vero quidem aliquid totam ea quia doloremque. Necessitatibus adipisci quam et cupiditate assumenda ex.
Suscipit totam eos quod cupiditate minima expedita. Repudiandae dolorem dolor numquam earum ad facere. Inventore ut atque sunt voluptatem ex pariatur laudantium ipsa. Alias beatae quia necessitatibus animi dignissimos sit nulla. Atque corrupti magnam eveniet et sit sit cupiditate. Quibusdam quia officiis quas quam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Expedita est sequi quod. Adipisci consequatur aut vero debitis. Adipisci voluptatibus suscipit rerum sit. Amet officia voluptatem minima nam aut quis error. Sed quia ut molestiae illo. Illo quia ratione eos vitae facere.
Sint numquam doloremque rerum. Excepturi est autem eius earum. Quia fugiat quasi sint sapiente. Tempore et aut aut commodi.