3 ms·
> The salary is not Berlin/Zurich/Paris high This makes it sound like these 3 are somewhat equivalent in terms of compensation in terms of salary, but to be cl
by hiq 5y ago
> The salary is not Berlin/Zurich/Paris high
This makes it sound like these 3 are somewhat equivalent in terms of compensation in terms of salary, but to be clear, they're really not, as a quick look at levels.fyi indicates.
> Without effort I can save 40% of it for retirement.
I've been reading a bit about personal finances lately, and I realized that being able to save x% only tells you part of the story. More precisely, the comparison between two places in terms of saving rates are only relevant if the only two scenarios are to remain in one place or the other indefinitely. Let's say you want to retire in Berlin eventually, you might be better off saving 10% working in SV than saving 40% working in Paris. If you're flexible about where you'll retire, you should maximize the nominal amount you're saving.