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/Still-Hand2478 12d ago

Uh hello…zero capital gains tax says hi….

1

u/AvidSkier9900 11d ago

AHV based on virtual income (if you’re not working) says hello back.

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u/Still-Hand2478 11d ago

AHV contributions if you’re not working is based on wealth and is approx CHF 8k for 4m in taxable wealth. And pillars 2 and 3 are not part of taxable wealth. Not a FIRE showstopper at all.