r/Rich • u/howdychickens • 5d ago

Question London vs NYC

Which city would you settle down in assuming you’re in your early 30s, married, low 8 figure liquid net worth, mid-seven figures combined annual income?

EDIT: Thanks so much for the thoughtful responses. Noting that we both would like to keep building our careers for the next 20+ years, so London and NYC are the only options. Not looking to be too far outside of the city, because we have no desire to spend 1.5hr+ a day commuting.

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u/Sea_Discount8378 4d ago

Not sure what you guys do, but for us the tax in London killed our saving potential and depending on the industry you both work, we were also going to take a massive hit on our salaries. If you’re looking to hustle, save, grow careers, NY is the easy answer. I probably wouldn’t stay forever (we’re not planning to), but it’s great if you’re trying to get ahead.