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by kf7njh
1379 days ago
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Exactly, gross salary. It's true you can't really compare directly like that, but just as an example let's normalize the data on the point of vacation/holidays.
EU:
52 wk / yr * 5 day / wk = 260 days / yr
35 holiday / yr = 225 working / yr
260 / 225 * 65 = 75.1k per year normalized vs USA:
10 holiday / yr = 250 days / yr
260 / 250 * 160 = 166.4k per year normalized Here we can see how even when considering something like holiday: the difference is still not even remotely close. You're absolutely right about the 'peace of mind' aspect. This is something that I really love and will definitely miss... But let's not fool ourselves. For example it's common knowledge in Germany that the state retirement will only cover about 50% the cost of living. Not sure about the situation in France, but this means I still need to do a huge amount of self-saving and investing just to live at the bare minimum. In the end I completely hear your argument and can understand it.... It's just everything in life is pretty gray and situational. Note: if anything I have said is wrong, definitely let me know! Nobody is perfect! |
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