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Re:Ask HN: What was the best decision you made in your career? by shRaj9fEc8Vith on Wednesday September 26, 2018 @12:00AM (#18072678)
it's so sad that from where i live (SEA), 3 times average gdp per capita is no where enough for retirement.

insurance and healthcare system is a joke. so whenever you got health issue, be prepare to spend butt-load of money.

i have no idea how gdp per capita is so low yet people have so much of money (unreported income, corruption probably)

I make about 25 times the national gdp per capita yet i'm just above average in my country.

Re:Ask HN: What was the best decision you made in your career? by tudorconstantin on Wednesday September 26, 2018 @01:33AM (#18073025)
I had 3 times the average national net salary, not GDP, which I guess should be even more. But that income wouldn't have allowed me to retire either. It would allow us (me, my wife and a child) to live a comfortable life though.

As a back of the envelope calculation, if you can live with 30% from the income, one should be able to retire in about 7 years.

Re:Ask HN: What was the best decision you made in your career? by momozaur on Friday September 28, 2018 @12:25PM (#18094642)
What is the formula to compute the 30%, how did you compute it? After you retired, how much (%) of your salary will you be able to spend monthly?
Re:Ask HN: What was the best decision you made in your career? by shRaj9fEc8Vith on Wednesday September 26, 2018 @05:16AM (#18074181)
ah i see.
Re:Ask HN: What was the best decision you made in your career? by ur-whale on Wednesday September 26, 2018 @04:04AM (#18073772)
>it's so sad that from where i live (SEA),

Well then. Move to Romania. Problem solved.

Re:Ask HN: What was the best decision you made in your career? by tasuki on Wednesday September 26, 2018 @05:29AM (#18074241)
Moving from EU to SEA is easy. Moving from SEA to EU is significantly more difficult.

I'm privileged to be a EU citizen, but not everyone is. Also see: https://www.passportindex.org/byRank.php