7 ms·
> the difference between 200k and 400k is probably not meaningful. Where these compensation packages are given so frequently (SV), it is very meaningful. It's
by bradlys 7y ago
> the difference between 200k and 400k is probably not meaningful.
Where these compensation packages are given so frequently (SV), it is very meaningful. It's the difference between being able to buy a home vs being forced to rent a 1-bedroom apartment.
- rconti 7y agoAnd/or the difference between working for another 20 years while paying the mortgage, or stacking your extra cash and retiring in 10.
- dahfizz 7y agoI'm not sure I understand your meaning. Are you saying that buying a house delays retirement? I'm not sure that is really true. Mortgage payments gets you equity on your home, which goes a long way in retirement. Rent payments disappear, and you will have to continue to pay rent when retired.