5 ms·
> salary - EU taxes + Social Welfare Benefits > salary - US taxes - US healthcare - US retirement This is true if nothing really bad happens to you and your fa
by HaixuanTao 4y ago
> salary - EU taxes + Social Welfare Benefits > salary - US taxes - US healthcare - US retirement
This is true if nothing really bad happens to you and your family ( car accident, really bad decease, ... ). France will have much better social security for tail risk.
This equation is not deterministic. It works on majority of cases, but having the peace of mind of feeling safe, is worth a lot to me.
Tail risk also compounds the bigger your family is. I am very grateful that my parent will have lifetime free Healthcare, hassle-free retirement, even though this comes at a 50% income tax + social security.