Re:Ask HN: Thinking of moving to Europe from USA
by bosie on Saturday December 31, 2016 @02:04PM
(#13292545)
Because i need to be able to cover the costs (i.e. what is the savings in terms of purchasing power rather than absolute savings).
If i lose my job tomorrow and my rent is 2800, I don't really care that i save 1k compared to 700 per month (under the assumption i can't increase the purchasing power of my savings somehow).
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Re:Ask HN: Thinking of moving to Europe from USA
by jupiter90000 on Saturday December 31, 2016 @02:27PM
(#13292666)
One idea is that by investing a larger amount of money while living in an expensive area, later moving to a less expensive area (perhaps upon retirement, etc) will leave you with more assets to work with than if you had stayed working in the less expensive area the whole time (and investing a great deal less due to lower wages).