Excellent thread! Thank you
@DeadlyVenom for starting this. I find the numbers a little too low, how did they come up with these and are these verifiable numbers for retirement amounts?
I cannot see myself or my family ever living in Pakistan. US is home for us for good or bad (more bad under the current circumstances). I was born in the US and spent most of my time here except for spending a few years of my childhood in Lahore. We have family in Lahore and Karachi. My parents, uncles are all in the US, our kids are growing up in the US. My career (private equity) also has scope only in the US, PE in Pakistan is at nascent stages. I have an Ivy league MBA and I have no issues with my career in the US or any western country. In Pakistan I would feel the locals have an edge against me because you generally need a "short cut" mindset in most developing countries, this is something I do not have. In our family the prior generations (parents, uncles aunts) mostly came to the US in their early-mid 20s. Our generation (wife, myself, our cousins) were all born and grew up in the US. We are spread across NY, GA, FL, and CA, family members own multiple businesses and two of my cousins are in local govt posts - effectively strong roots here in the US.
Pakistani Americans (who are born in the US) in general are Americans first but also feel strongly tied to our Pakistani (South Asian) culture. At least here in the US we look down with contempt on the Pakistani Americans who say they are not Pakistanis but Americans even in a cultural/historical context. Usually the people who do that here either have no other accomplishment in life except the genetic lottery of being born in the US or they are the white washed Indian American equivalents like Bobby Jindal or Nikki "Namrata" Haley. Either way we consider that a loser behavior.