r/SwissFIRE • u/EconomiadeVerdad • 12d ago

ChubbyFIRE wealth level depending on residence canton

Hi there, I'm a 28M Spanish guy, and my wife and I recently decided to move within ~2 years to Switzerland for good (already started learning German and so on).

I know that there's no such a thing as a magic undisputed wealth number to be considered as ChubbyFIRE, but I'm curious how this approximate level can vary from canton to canton because of taxes, cost of living, home prices... Has someone any data about it?

Danke und LG.

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u/InfinityNo1 12d ago

Switzerland is possibly one of the worst countries for FIRE.

You take your mothly expenses x 250 = FIRE. Switzerland monthly expenses are likely the highest in the world.

Assuming for a family of four:

Healthcare: 1500 CHF (Allgemein, not Privat)
Rent: 2500-3000 CHF (calculating with CHF 3000 as 'chubby')
Phone, Internet for four: 400 CHF
Food: 1500 CHF
Clothes, anything else: 500 CHF
Chubby / Leisure: 1500 CHF
Total: 8400 * 250 = 2.1M CHF

Not calculating any additional Savings, big Holidays, big spendings and so on

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u/EconomiadeVerdad 12d ago

Thanks a lot for the breakdown, I know it isn't easy to establish there comfortably, but from my point of view this move is true generational wealth. Grossly pessimistic about Spanish (and EU in general) future.

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u/InfinityNo1 12d ago

Switzerland comes with its own problems - but enjoy!

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u/oskopnir 11d ago

Do you know what generational wealth means