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/suddenly_kitties 12d ago

You seem to apply your own definition of "chubby" here. I'll give you some examples - a cleaning lady, regularly eating out in Zürich (despite the awful price/quality ratio), a holiday home in southern Europe or a boat, pricier hobbies like scuba diving, an oldtimer car, sailing, perhaps a PPL and fractional ownership of a small sports plane, private health insurance/physiotherapy/whatever specialist needs might arise, not having to worry about paying for aging parent's care, etc.

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u/Still-Hand2478 12d ago

That sounds like fat to me, not chubby…

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u/suddenly_kitties 12d ago

You are also forgetting about taxes, mandatory AHV contributions, fees for portfolio manager/tax advisor, groceries, occasional shopping, are not accounting for more-than-basic cars, etc. As member of a DINK household with ~500k CHF HHI I certainly feel very middle class here.

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u/Still-Hand2478 12d ago

If you feel middle class at 500k DINK HHI I feel truly sorry for you. Greetings from someone with 3 kids, 20mins from a major CH city, living in a EFH and spending 180k p.a., feeling pretty chubby