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Hello fishes, I have offers from two different companies and both are offering same amount of CTC - 18LPA (YOE: 3.2) . Company names are Pristyn Care and Xiaomi technology india pvt. ltd .
Now for Pristyn Care I won't have to move out of Gurgaon (I'm from north India). Xiaomi is calling me to Bangalore. Rest all the benefits seem similar.
In terms of learning and job security and all the aspects considered, which company should I join?
Please help me decide. Thank you!
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I grew up lower middle class, with a single mom who worked multiple jobs. Kids are a big factor in living comfortably. My NW number to hit as a family is $10M, but with passive income (real estate) I could be convinced to retire with less.
Coach
Upper middle class. $5m
Thanks! Should’ve read on before replying
Upper middle, $5m baby!
Subject Expert
Middle middle class, borderline lower middle class. $1.5-2M. Not that I have a choice since I highly doubt I’ll ever have significantly more than that.
C’mon!!
guys, if your NW is $5M+ you're upper class. these be the facts.
Mentor
Ok you’ve cited that a number of times. Pew is a bit confusing in their terminology but even they don’t use the word class.
Go in out your income in their calculator - it will spit out “upper income” not “upper class.” There is a reason for that.
Middle class to upper middle class. Consider $3 million for an individual or about $5 million for a household.
My upbringing had been all over the place, from low upper class to low middle even hitting high low. Today I’m mid upper to high upper and would like to have $5M NW for retirement.
What metrics are you using for lower,middle and upper class
I tend to use 2/3 to 2x median income to define middle income / middle class bounds. In line w pew research definition
https://www.cnbc.com/amp/2021/07/21/middle-class-calculator.html
Do you consider age to factor in? I’d assume a 30 yo with $1M net worth to be different than someone who is 67 and same place.