Warning — Try your best to avoid benchmarking yourself on the wrong histogram. (Relatively few Chinese immigrants move up.) Even if other people are more successful, I don’t want to care. This is MY American dream for MY family (Ranked by importance):
- /modest/ home —- safe, comfortable. See blog about rich people with multiple homes
- commute —- below 1Hr one-way (Important to me)
- my dream home could cost $800k
- Chinese-teaching job for wife
- salary —- modest VP package with paid leaves or more money without leaves. Achievable
- $50k/yr —- surplus savings
- rental income —- from Asia? Achievable
- ~~~~ the obvious, the minor, the vague…
- high school —- a decent one? Depends on their effort + abilities
- /modest/ vacations —- each year
- health —- for everyone
HDB grant —- upgrade to newer but smaller home. Free up the cash as relief for my U.S. housing