Anytime you compare things anecdotally to people you know be verrry careful. It’s easy to not be comparing apples to apples. Do those people have kids? Rent vs

Anytime you compare things anecdotally to people you know be verrry careful. It’s easy to not be comparing apples to apples. Do those people have kids? Rent vs own? How nice of cars? Commute? Sq footage of house? Etc etc. for example, I don’t work for FANG and you probably haven’t heard of my employer, but out of ~300k TC I save 48k cash + 100k stock + ~20k 401k retirement, which I think is pretty good. Tell me if you think I could do better in EU. . And while I live in suburbs of HCOL area, I’m fully remote so could move and save even more. Also remember if you own your house the money is usually not being drained it’s building into an equity nest egg. So at the end of the day the HCOL person will have more wealth even if they have to sell a house and move to use it; that arrow only goes one way (LCOL can’t sell and move to HCOL area and come out ahead).