> Let’s say you have a 5 million dollar exit in the Bay Area. After tax you get roughly 2.5. That’s enough to buy a nice but modest house and now you have no money left. You now have to work a full time job to pay the property taxes, the rest of your living expenses, and try to save for retirement. Same thing applies in LA, NYC, SEA, etc.
So what you are saying is that ONLY if you work your brains out AND win the "lottery", then you can have a decent retirement in the US?
Maybe Europeans are just too smart to accept that kind of proposition.
The "American dream" is a lottery system used to lure people into doing hard work and consequently rewarding only a few.
So what you are saying is that ONLY if you work your brains out AND win the "lottery", then you can have a decent retirement in the US?
Maybe Europeans are just too smart to accept that kind of proposition.
The "American dream" is a lottery system used to lure people into doing hard work and consequently rewarding only a few.