I am originally from a third world developing country moving back in May/June. Although I have earned and saved well but lost most of money in tech bust and my employer stock. My wife and kids have to leave in May /June otherwise I think my kids will not be able to adjust to local culture due to their age.
I got a good offer (as per local standard) but nowhere near US salary. My savings are nowhere near 4% WR even for local standard. On top of this I think cost of living will increase much faster there, around half of US standard in 15-25 yrs, I am guessing.
If I stay in US till next year April/May, I have calculated that I can save around 70k from regular/retention bonus and salary and cheap living. I will not save anything after my move and my retirement will be solely dependent upon growth of my current portfolio.
I am wondering that is it worth the money to live separately from my family for 10 months? I am not able to imagine as I never was away from my family for more than a week?
I got a good offer (as per local standard) but nowhere near US salary. My savings are nowhere near 4% WR even for local standard. On top of this I think cost of living will increase much faster there, around half of US standard in 15-25 yrs, I am guessing.
If I stay in US till next year April/May, I have calculated that I can save around 70k from regular/retention bonus and salary and cheap living. I will not save anything after my move and my retirement will be solely dependent upon growth of my current portfolio.
I am wondering that is it worth the money to live separately from my family for 10 months? I am not able to imagine as I never was away from my family for more than a week?