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[Swiss-list] [Fwd: Antwort: [BULK] Green Card, Moving back to Switzerland, Taxes]

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[Swiss-list] [Fwd: Antwort: [BULK] Green Card, Moving back to Switzerland, Taxes]

From: Nico Ghilardi <click for textversion of email address >
Date: Tue, 05 Jun 2007 10:03:40 -0700

just one comment regarding the 401k comments of Michael:

If you are young, you subject yourself to significant currency
uncertainty by leaving the money within the US. Yes, if you are lucky it
will grow at 8-10% per year, but if the dollar devalues against the
Swiss Franc by the time you retire, it will have a negative impact and
might wipe out all the benefits - and possibly more. Keep in mind that
the $ was at CHF 4.- 30-40 years ago...... On the other hand, if the $
(unexpectedly) gains against the CHF, you get a double benefit, but I
personally would not bet on this....

Nico
Received on Wed Jun 06 2007 - 15:33:20 PDT

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