He said he was quitting tech, not retiring from work forever. I would assume if you're fed up with tech you could instead do carpentry jobs, work part time at a store, be a tour guide or whatever. Is it fair to say that he has 2 years to find a way to earn $50,000 per year? Sounds like that would be doable if you're smart and ambitious, no?
People in tech, especially from US, are so accustomed to spending $5,000/mo just to survive, that they cannot fathom one is able to live without having a tech job in San Francisco. It's a pretty sad state of affairs.
I live in a first-world European country where the average salary is about €25,000 per year. My mortgage estimate is less than €300/mo. I'm not that afraid of having to supplement my income if I need to. The world will still need cheap and experienced software engineers for a while.
> People in tech, especially from US, are so accustomed to spending $5,000/mo just to survive, that they cannot fathom one is able to live without having a tech job in San Francisco. It's a pretty sad state of affairs.
Quality of life in suburban America is incredibly high relative to a "first world" country with such a low average income. From what I have seen, most families in the "European periphery" still live in small Soviet-era apartment buildings, own one small car or no car at all, and are far from enjoying many other things taken for granted in America.
European here. Yes, houses are smaller, apartments can be comparatively tiny. Street parking can be a challenge.
However: I got stores, cinemas, cafes, restaurants within walking distance. My kids can roam around in the neighbourhood without someone calling social service on me. I can walk anywhere in the city at any hour day or night without someone robbing me. I can cheaply purchase free range eggs and organic vegetables. Tap water is fine, actually excellent. 30hour commute is considered too long. Coast is mere 3h away, people come from all over the planet to enjoy it, I spend 5 weeks a year there, just chillin and enjoying life. I get fast, cheap internet, and order groceries, do my taxes and doctors appointment online.
Tell me again how I’m suffering without poorly insulated detached houses, HSA, spam calls, an SUV to drive myself to the bakery, school shooting drills, healthcare bills, homeless people rejected by society, and that circus you have for a government right now?
Living in a cookie-cutter suburb full of parking lots and strip malls is not, in fact, a higher standard of life than living in a small town in Europe. The fact that we've somehow convinced ourselves that it is says absolutely nothing good about American postwar culture.
First time I heard Northern Italy compared to Soviet Russia, but my fault for discussing this stuff with Americans, trying to pass people as poor because they only have one car.
Did you know that life expectancy in US is 5-7 years lower than Western Europe? But sure, do go on about "first world" countries.
I am happy that I do not need to own a car (in a London UK suburb).
I am happy that I do not need to heat or maintain a large building.
Our outgoings are low. One child is already at university and the other will be soon.
My perception of a common US notion of a 'good' life only intersects somewhat with mine, and I have spent a reasonable amount of time in various US locations from SF to NYC via the midwest, etc.
Of course you felt amazing living off US$1k/mo in Brazil - the average per capita household income in Brazil is less than US$450/mo and a salary of $700/mo puts you in the top 10% [0].
Basically, you enjoyed feeling rich in a country where the vast majority are getting screwed.
And this is what I as well as my SO's family (middle and working class Vietnamese in VN) hate about digital nomads - y'all don't realize that you end up perpetuating the same inequality you try to run away from, and feels deeply colonial in nature as the countries y'all end up in had histories of being colonized and stratified.
You get to travel everywhere because you have a strong passport. They don't because their passport is weak and their salaries are low.
You will always be promoted to the top of the social pecking order thanks to your passport. They will always be relegated to the bottom and attacked by politicans as "stealing jobs" or "changing demographics" thanks to their passport.
I'm probably being overly charitable, but I would have said the same thing except in a positive context, because I've wanted to do the same thing at times.
I think it's not a moral, but financial judgement. Unless an alternate income is achieved before that deadline, becoming destitute except for a small cottage is not a great prospect.
Sure it's not 'the smart thing to do' but if it makes you happy and you're still not far worse of than most people...