> - 13th salary as a Christmas gift (so +8.3% salary)
My 100k number is all-in.
> Also, with a bit of searching, you can rent a house with garden for €2000 per month even in large cities like Hamburg or Berlin. As a result, an 100k€ annual salary will be enough for you alone to comfortably bankroll a family of 5 - something that's almost impossible in the bay area due to high rents and insane costs of living.
That is true. But you have to say goodbye to any romantic dreams about owning any property big enough for children (within a nice area of such a city), if you and a similiarly well-doing partner do not want to work for it for the rest of your life. If you have not come across FIRE, that might be okay as well.
Yes of course. A 100k€ annual salary won't let you retire early if you are the only one working in your family and you want to buy a nice house in a nice area of the city.
But then again, would that work out if you were to work in San Francisco for $200k annually?
Think about it this way: I am in the top earning 2%. It is only possible to buy such a home if you have a partner, who makes similiar numbers and then together decide to dedicate your life to it. The 98% of the rest cannot do it. Ergo I am either not earning enough or we have to accept, that you cannot really buy property within a top-tier city in Germany. In the end the whole debate turns into young vs. old and heritage vs. salary.
My 100k number is all-in.
> Also, with a bit of searching, you can rent a house with garden for €2000 per month even in large cities like Hamburg or Berlin. As a result, an 100k€ annual salary will be enough for you alone to comfortably bankroll a family of 5 - something that's almost impossible in the bay area due to high rents and insane costs of living.
That is true. But you have to say goodbye to any romantic dreams about owning any property big enough for children (within a nice area of such a city), if you and a similiarly well-doing partner do not want to work for it for the rest of your life. If you have not come across FIRE, that might be okay as well.