High income/Low wealth
Hi everyone,
I’m 29, living in Zurich, and recently moved into a much higher-paying job. I now earn around CHF 150k base + roughly 20–100k bonus (I'm a finance professional), but since this increase is recent, I still have relatively little wealth: around CHF 35k in cash, debt free
My partner earns significantly less than me but has a much higher net worth. We’d like to have children in ~2 years and, longer term, maybe buy a property in Switzerland, probably in the CHF 1.5–2m range in today’s money, ideally within ~10 years.
I estimate that the cost of children will be offset by a higher income for me and my partner in the 10 year period
At the moment I can save around CHF 3.5k/month + the whole bonus. My plan is to keep ~CHF 10/15k as an emergency fund and invest the rest.
I’m thinking of:
- low allocation for pillar 2
- maxing my 3a (equity-heavy)
- Investing most of the rest in VT / global equities
- keeping a small allocation to Bitcoin (5%)
My main question is how aggressive I should be now. With a 10-year horizon, keeping a large amount in cash feels wasteful, but I also don’t want a market crash in 8–10 years to destroy our potential down payment.
For people who have been in a similar high income but low starting wealth situation: how would you approach this?
Would you change anything about this strategy, and would you start de-risking the future house down payment at some point ?