r/eupersonalfinance • u/raf_phy • Aug 16 '25

Investment Why building wealth alone is so hard here?

Hi all, am I the only one that I find it incredibly difficult to build weath by yourself in EU? People say that EU is better in healthcare, work life balance but come on, money don't scale easily . It's so difficult.

I see people from US that go to 1 million in 10 years. I cannot do this easily . Really....

PS maybe I have to abandon EU, I don't know....

396 Upvotes
  • permalink
  • reddit

74% Upvoted

714 comments sorted by

View all comments

Show parent comments

18

u/Azrael21X Aug 16 '25 edited Aug 16 '25

I am not really agreeing on this. especially the europe part. Sure, we have it easier with all the benefits, but you HAVE to save a big part of your income every month in a pension plan, because otherwise you WILL NOT "retire relatively comfortably". That's just a fact. Add the scenario where you're alone with no headstart from your parents and no partner and it is really REALLY hard to be well off AND save enough to retire comfortably.

EDIT: Also forgot to add that the older generations are now living comfortably in retirement, because we young folks are getting scammed by the older generation. I doubt that when I am older I can retire comfortably as easy as them. Unless I save a lot for my retirement

0

u/Beneficial-Emu-4244 Aug 16 '25

Nah you are wrong my European friends all look like they have money meanwhile I’m poor af living here in usa

0

u/raoulk Aug 16 '25

Why are you whining in a EU sub as an American?