Jade Small
Jade Small
January 9, 2025 ·  7 min read

How Walking Away From a $2.3 Million Job Led to Happiness and Fulfillment

It’s a choice that few would make: leaving behind a seven-figure salary without a backup plan. Yet, for 44-year-old Khemaridh Hy, leaving a lucrative Wall Street career wasn’t just a leap of faith — it was the start of a life filled with purpose and joy. While the decision brought its share of challenges, it ultimately allowed him to redefine success and prioritize what truly matters. Hy’s journey offers invaluable insights into navigating major life changes and finding meaning in work and life. His story is a powerful reminder that sometimes, stepping away from financial security can lead to deeper fulfillment.

A Childhood Built on Hard Work and Expectations

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As the son of Cambodian immigrants, Hy grew up with a clear sense of responsibility and the pressure to succeed. His parents, who had fled the Khmer Rouge in search of a better life, instilled in him the value of hard work and academic excellence. These values shaped his early years and his pursuit of a prestigious career. Hy excelled in school, attended Yale University, and pursued a career in finance. By age 31, he was a managing director at BlackRock, earning $2.3 million annually. From the outside, he seemed to have it all: financial stability, professional respect, and a life many would envy. Yet beneath the surface, something felt incomplete.

Living in a State of “Comfortable Numbness”

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Despite his outward success, Hy described his experience as being “comfortably numb.” He didn’t hate his job, but he also didn’t love it. The long 12-hour workdays left little room for joy or creativity. Although he had achieved financial independence and professional prestige, he realized that wealth and status couldn’t erase the insecurities he had carried since childhood. This state of inertia wasn’t unique to Hy. Many professionals find themselves trapped in careers that provide comfort but little meaning. Hy’s story resonates with anyone who has ever felt stuck in a life that doesn’t align with their true aspirations.

Recognizing the Limits of Success

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Hy candidly admitted that he thought his insecurities would disappear once he achieved success. Instead, he found that the more he earned, the less fulfilled he felt. The prestigious job title, the admiration of his peers, and the hefty salary didn’t fill the void. This realization forced him to confront some difficult truths about his definition of success. To combat his dissatisfaction, he began experimenting with side projects that brought him genuine excitement.

Planting the Seeds of Future Happiness

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During his time at BlackRock, Hy discovered that small, creative endeavors brought him immense joy. He started blogging, hosting networking events, and testing productivity tools. On vacation, he launched a newsletter called “RadReads,” where he shared life hacks and thought-provoking articles. These seemingly minor activities became the foundation of his future career. Reflecting on this time, Hy recognized that 5% of his activities contributed to 99% of his happiness. He began to dream of a life where he could focus entirely on those fulfilling pursuits.

Fatherhood as a Catalyst for Change

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The birth of his child became a turning point. It forced Hy to reevaluate how he wanted to spend his time and what kind of life he wanted to model for his family. Armed with enough savings to support his family for 18 months, he made the bold decision to leave his high-paying job without a backup plan. For many, the idea of leaving such a lucrative position might seem unthinkable, but for Hy, the promise of a more meaningful life outweighed the risks. This decision became the first step in creating a life that reflected his deepest values.

The Emotional Toll of Reinvention

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Hy’s departure from BlackRock wasn’t without its struggles. Friends and colleagues frequently asked, “What are you doing these days?” These seemingly harmless questions underscored his loss of professional identity, pushing him to question whether he had made the right decision. The transition period was emotionally taxing. Hy often felt torn between his desire for a meaningful life and the societal pressure to return to a conventional career. This emotional turmoil is common for those who leave stable jobs to pursue uncertain dreams.

Tips for Navigating Your Own Career Change

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Hy’s journey provides valuable lessons for anyone considering a major career or life change. Here are some actionable tips to help you navigate your own transition:

Prepare Financially

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Before making any major career changes, set aside enough savings to cover at least a year’s worth of expenses. This financial cushion allows you to focus on building a new path without the constant stress of income insecurity. Hy saved for 18 months, giving him the flexibility to explore his passions without rushing back to a traditional job. If possible, budget conservatively and account for unexpected expenses. This approach not only provides peace of mind but also gives you the freedom to experiment with different ideas before committing to a new direction.

Experiment on the Side

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One of the smartest things Hy did was explore his interests while still employed. Whether it was starting his “RadReads” newsletter, testing productivity tools, or hosting events, these small experiments helped him discover what brought him joy. Side projects are a low-risk way to test potential career paths or hobbies. Use your evenings or weekends to explore creative pursuits, volunteer work, or freelance opportunities. This allows you to dip your toes into new waters without jeopardizing your current stability.

Seek Mentorship or Guidance

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Hy’s decision to hire a life coach was pivotal. While not everyone needs a coach, having a mentor or trusted advisor can provide valuable perspective. Mentors can help you uncover blind spots, set realistic goals, and navigate the emotional ups and downs of reinvention. If hiring a coach is not feasible, consider joining professional groups, attending workshops, or seeking guidance from experienced peers. Surrounding yourself with supportive individuals can make the journey less daunting.

Focus on Your Core Values

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Hy’s success in reinventing his life stemmed from his deep introspection about what truly mattered to him. He prioritized family, freedom, and creativity over financial gain. Take time to reflect on your values and ask yourself what kind of life you want to lead. Journaling, meditating, or talking with close friends can help clarify your priorities. Once you have a clear vision, use it as a compass to guide your decisions.

Embrace Uncertainty

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Change is never easy, and uncertainty is inevitable. Hy faced moments of doubt and fear but leaned into the discomfort. Acknowledge that growth often happens outside your comfort zone and that setbacks are part of the process. Practicing mindfulness or reading about others who have successfully navigated similar changes can help you stay motivated during challenging times.

Building a New Life in California

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Relocating to California became another chapter in Hy’s reinvention. He embraced his love for surfing, spending mornings in the ocean before his children woke up. His newsletter, “RadReads,” blossomed into a platform that resonated with mid-career professionals searching for purpose. The topics Hy explored ranged from practical tips on time management to profound reflections on wealth and identity. His posts struck a chord with a growing audience, proving that he wasn’t alone in his search for meaning beyond financial success.

Turning Passion Into a Business

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Over time, Hy transformed his side projects into a sustainable business. He now runs productivity courses and employs a small team to help manage operations. While his business generates only a fraction of his Wall Street income, he values the freedom it affords him. Hy works about 30 hours a week, giving him ample time to surf, spend evenings with his family, and focus on personal growth. For him, success is no longer defined by money but by the quality of his everyday life.

Embracing a Minimalist Lifestyle

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One of the biggest changes Hy made after leaving Wall Street was adopting a minimalist mindset. With a reduced income, he began to focus on what truly brought value to his life. This shift helped him appreciate experiences over material possessions and prioritize time with his family over accumulating wealth. Hy’s approach to minimalism wasn’t about sacrifice but about intentional living. By cutting out unnecessary expenses, he created a life that felt both abundant and free of clutter.

Redefining Wealth and Success

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Despite earning significantly less, Hy feels wealthier than ever. He recognizes that working more hours to earn more money would only result in buying back the time he already has. By structuring his life around his passions and priorities, he has achieved a balance that many aspire to but rarely attain. For Hy, success is no longer about meeting external expectations. It’s about living authentically and aligning his daily life with his core values.

Expanded Conclusion: Creating a Life You Love

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Khemaridh Hy’s story is a powerful reminder that happiness and success don’t always go hand in hand with financial gain. His decision to leave behind a high-powered career reflects the courage it takes to prioritize inner fulfillment over external validation. Hy didn’t have all the answers when he took the leap, but his willingness to embrace uncertainty and focus on what truly matters led him to a more satisfying life. Hy’s journey also highlights that success isn’t defined by societal standards but by the personal alignment of values, purpose, and joy. He proves that it’s possible to live a life that feels full and abundant even without the trappings of extreme wealth. His journey is an inspiration for anyone seeking to rewrite their own story and live a life that reflects their truest self.