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>>Any HNers reading my rant from outside USA, care to share your thoughts? Indian. Working from Bangalore. In hindsight, I would say it was a bad move to leave
by kamaal 9y ago
>>Any HNers reading my rant from outside USA, care to share your thoughts?
Indian. Working from Bangalore. In hindsight, I would say it was a bad move to leave the USA. But apart from all other reasons you have given for the move, only one thing matters- The green card wait.
But I would be interested in knowing your long term plans, if you wish to never return to India, then your savings outside India could take care of you in those economies. Life is easy outside, you get 401K and social security etc and things like that.
If your plan is to save up and retire in India, then my friend, start buying a home or real estate right now. With a 9% inflation here(Actually its higher, but won't go into that tangential debate now) anything you earn will all be dust by the time you arrive here. I have known people who show up from US with 2 - 3 crore rupees in savings hoping they will retire here and it barely covers their need for a home.
Also one thing I've learned is, if you are working in a first world country, then, you and a billionaire both get same standard of living. The same freeways, the same infrastructure etc. But if you retiring in India, money and savings matter a lot. Good money could mean good life, so early savings and investments matter in India. Optimize for salary all the time. Save and invest relentlessly.