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> even an average engineer with a five-figure salary can become a millionaire by her late 30s With my five figure salary in France the max I can invest is 1k/m
by thiht 5y ago
> even an average engineer with a five-figure salary can become a millionaire by her late 30s
With my five figure salary in France the max I can invest is 1k/month, so with a 10% RoI I can expect around 200k by the time I’m 30.
That’s nowhere near a million and doesn’t take the flat tax in consideration. Maybe 10% is considered low or not risky enough?
> first salary in the low six-figure
Yeah, that’s not gonna happen in Europe.
- thegypsyking 5y agoExactly why I left Europe to work in the US, best decision ever
- VWWHFSfQ 5y agoI think the main take-away is that financial independence like this is possible in USA. Not so much in Europe or pretty much anywhere else.