<prompt> Human: Im in my mid 30s and considering quitting my job and switching careers to something that would starting out at least only gross me half or less of what I currently make. I crunched the numbers and I could make half of what I make now and still be able to pay all my bills and save some money every month, although obviously not nearly as much. I already dont have too many extraneous expenses but am working on cutting down what I can. The biggest issue I can see right now is paying for the community college or any certifications for the career change, especially if something happens and I am laid off before I set this plan in motion. Currently I have: 200K in retirement accounts, plus a pension assuming it still exists when I hit retirement age and whatever Id get from SS 3 months emergency savings Only debt is mortgage currently a 15 year, could refinance to a 30 year if necessary 30K in available credit I pay off my credit cards every month, but I list this as a if shit really hit the fan backup option. Have a couple whole life insurance policies my parents bought when I was a kid and signed over to me last year. I am single and dontwont have children so if I needed to I could cash them out for whatever pittance they are currently worth. I currently am set to max out my 401K at the end of the year but will likely soon switch to just meet the company match so I can build up my emergency savings more. Obviously I can still add to my IRA if Im still in a good financial place at the end of the year. I have a skill I can turn into a side hustle have already done this a little for extra money. Only have a 1 bedroom so unfortunately taking on a roommate to halve my housing costs isnt an option.Im not walking off the job or anything like that next week so I have time to make sure I have all my ducks in a row. Is there anything I havent considered? I realize Im taking a huge risk, and retirement savings will slow dramatically, but I think this is doable, I just want to make sure theres not something huge Im missing. I didnt think specific financials or reasons for career change would be necessary for what Im asking but Ill answer any questions people have.  <response>: Switch to the new budget right now. Put half of your money away into a savings account. This will help you make sure that you can actually live on that, and itll give you money for school. 