I got a new job opportunity to live in Toronto which will pay me about $50-60,000 a year, currently I am getting paid $50,000 a year but live in Peterborough (1h and 1/2 away from Toronto). My current job is less than 5 kms away from home so I bike or walk to work everyday (still have a car thinking about selling it) I currently have about $70,000 in investments and 0 debts and my retirement goal is to reach $300,000 which will give me about $12,000 a year to live off of. I am 26 years old. I have been debating this move because I would like to save at least $1,000 a month to give my retirement goal a chance to flourish but living in Toronto will mean renting a room for nearly $1000 ( walking distance to work at 200 University Avenue Toronto), plus all the social expensive things that come with living in a Big City. Currently the reason I can save a lot of money where I am living is because I live at home with my parents rent free but I would like to live on my own now and this job is more aligned with what I would like to do with my future. Wondering if any of you have some advice whether I should just stick it out with what I am doing and retire faster and more simply or live in Toronto and try this new career path. thanks a lot.