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1. armitr+(OP)[view] [source] 2023-08-26 10:59:50
> As will an american, unless they're going to go without healthcare? Unless you're doing some _wild_ saving, paying for health insurance as you age is going to necessitate working.

In the US, most highly-skilled senior engineers will be multi-millionaires in their 40s which means that they can immediately retire and pay out of pocket for private health insurance covering the entire family without even making a dent on their principal. Even if that wasn't an option, one can get health insurance via one's spouse or work a few hours part-time for an employer that provides it.

I retired in my 40s and spent the last 10 years living in both the US and multiple European countries (with a lot of time spent in Germany as I have family there). While I've so far enjoyed living in Europe, the worsening downward slope in quality of life is more obvious here than in the US. Unrestrained immigration is a big problem that's going to get a lot worse in the next decades and is already rapidly eroding the much praised European social safety nets.

Ultimately, US offers optionality which means that one isn't chained like a slave to a grossly inefficient disintegrating socialist state for the rest of one's life.

replies(5): >>flohof+r >>maccar+O >>h0l0cu+l1 >>janosd+75 >>ohgodp+F5
2. flohof+r[view] [source] 2023-08-26 11:03:10
>>armitr+(OP)
> Most capable senior engineers...

What about the less capable though? Do we just forget they exist?

replies(1): >>maccar+z2
3. maccar+O[view] [source] 2023-08-26 11:08:13
>>armitr+(OP)
> One has optionality and isn't chained like a slave to a grossly inefficient socialist state for the rest of one's life.

I don't think this conversation is worth continuing if you consider the US a bastion of freedom and the entirety of europe being entrapped to socialism.

4. h0l0cu+l1[view] [source] 2023-08-26 11:14:34
>>armitr+(OP)
> In the US, most highly-skilled senior engineers will be multi-millionaires in their 40s

I don't think workers' rights movements and government policies that promote said rights are really centered around uplifting highly-skilled senior engineers. Certainly if you have in-demand talent, migrate to whatever country pays the most for it. You have that luxury

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5. maccar+z2[view] [source] [discussion] 2023-08-26 11:30:37
>>flohof+r
Or the capable engineers who can't/don't want to up and move to thousands of miles away from their lives.
6. janosd+75[view] [source] 2023-08-26 11:54:25
>>armitr+(OP)
Dunno, I've met several senior engineers whom I would consider highly skilled and while they were well off, it didn't look like they are multi-millionaires. Also, given the trend of firing senior engineers and hiring only juniors lately, I wouldn't count on that trend continuing.
replies(1): >>mmmmmb+J8
7. ohgodp+F5[view] [source] 2023-08-26 11:58:03
>>armitr+(OP)
>engineers

Alright, very small proportion of the population

>senior engineers

even smaller

>highly-skilled senior engineers

I cannot even begin to tell you how small of a proportion it is. By the way, you forgot a factor:

>highly-skilled senior engineers that happen to live in the right area (read: SF or NYC) and that are in the right domain

cool cool cool, so a few thousand people per generation can retire comfortably at 40. I'm sure the other 300 million of americans are happy to hear about that. Anything as long as you got yours, right ?

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8. mmmmmb+J8[view] [source] [discussion] 2023-08-26 12:24:27
>>janosd+75
I've noticed the opposite trend. Right now, it's hard to find a position as a junior, whereas seniors are still in demand.
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