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no, that's not true. $150k is $150k, and even tho the CoL is high in the bay area, getting $400k can get you further in a shorter time.

If you were able to save a percentage of your income, then that percentage is going to result in a higher amount for the FAANG salary.



This is why I evaluate my estimation of my savings rate with that position and location, not salary. Everyone does a minor version of this with taxes and rent. I just take that to its conclusion and only measure a YoY delta in savings.


Quite.

An example, is buying a house.. and rent pricing reflects purchase price.

If you buy and pay off a house, you have "spent" that salary in both locations. However, when you retire, you have property worth a LOT more in SV.

So while the "take home" pay, after expenses is the same with 150/400, the equity is massively different.




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