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That's a great bet if you ignore the possibility of not being single your entire life.
by mathgeek 10y ago
That's a great bet if you ignore the possibility of not being single your entire life.
- Retric 10y agoYou can still do remote work from a cheap location, or stay and have FU money. Giving up 500k in salary for a chance to make 500k in stock is a terrible bet. Alternatively, only save up 100k in 10 years, go to Vegas and bet it all at slightly negative odds. You can set things up for a 20% chance of getting ~500k which is better odds than many startups while still having more day to day money.
- lbn 10y ago> You can still do remote work from a cheap location Wouldn't the employer insist on paying in the local salary range?
- mathgeek 10y agoIn my experience, this is not the case.
- rhizome 10y agoYou can still do remote work from a cheap location, or stay and have FU money. Do they have good schools in $cheap_location?
- Retric 10y agoThere are a very large number of cheap locations with good schools. Especially when you include private schools.
- mathgeek 10y agoPrivate schools tend to increase the "cheap" part quite a bit.
- Retric 10y agoDepends on # of kids. Many great schools are well under 10k/year, but that's only so useful if you have 5 kids.
- nommm-nommm 10y ago9k a year is not cheap.
- srtjstjsj 10y agoIt's cheap compared to paying an extra 20k/yr in rent or mortgage and property tax.
- Retric 10y agoSure, though that only starts after pre-k and k, which tends to be much cheaper. Anyway, if you compare starting a family with ~1M in the bank and 1 income at 50k vs. dual income 220k in the valley and no savings outside of home equity there are benefits on both sides.
- mathgeek 10y ago> starting a family with ~1M in the bank This is an outlier and, in my opinion, not representative of any useful demographic for this discussion. The idea that you bank $100k a year (let's even through in compounding) is certainly feasible, but not common.
- deleted 10y ago[deleted]
- eru 10y agoSure. Better ones than in the US, even. (Eg Finland perhaps?)