3 ms·
I sure hope I have a big exit sometime before 60 (20 years from now), because the cost of living in the Bay Area is crazy. It would be awful to work as a "well
by epicureanideal 3y ago
I sure hope I have a big exit sometime before 60 (20 years from now), because the cost of living in the Bay Area is crazy. It would be awful to work as a "well paid" (but most of it goes to living expenses and raising kids) software engineer for many years, and then need to retire in some rural area on social security, with bare minimum quality of life...
- KyeRussell 3y agoBay Area life is hardly necessary and shouldn’t be taken as a given. You’re making an active decision to take the gamble on earning a lot on paper but being in a super HCOL area. I earn a comfortable amount and am likely going to retire comfortably, though I certainly earn less than you. You’ve decided to take the risk. Own it or change.
- epicureanideal 3y agoI'm not really sure there are other good options. Sure, high cost of living, but high income. Moving would reduce both, and in any case the different in savings would be insignificant compared to inherited assets.
- rorroe53 3y agoRural area isn't bad if you find the right place, hobbies and a proper house. Lots of opportunities for outdoor activities, such as gardening and trekking, which also help keep you healthy.
- badpun 3y agoYou should be able to sell your Bay Area house for millions by then.
- scarface74 3y agoHoping for a big exit is about like those hoping to retire from winning the lottery. Only 1 out of 10 companies “succeed” and that definition of success is the VCs make their money back. Better idea, leave the Bay Area.