Thanks for worrying about what I’m going to do when I retire. Hope you can sleep tonight!:rolleyes:
As you are a fellow human being I do prefer that you be able to live comfortably and have a remedy for any ills you suffer from. That’s strictly because you’re a fellow human, that doesn’t have anything to do with whether I agree with you or not or like you or dislike you.
Sorry if the fact I believe human life has an inherent value causes your eyes to roll.
I don’t have a dog, but I definitely agree with the sentiment ![]()
Where I come from, saying “Good luck with that” does not actually mean “I wish you well in your endeavors” but more “Yeah, i don’t think that will work.” Coupled with your pointing out the other thread where people mistakenly think moving to another country is easy, I tend to doubt your sincerity. But that’s okay, I won’t cry myself to sleep tonight worrying about it ![]()
The dog, being dead, most likely won’t move back. Kid may not have a choice. And if its my kid, I don’t either.
To be honest, I meant it in both sense of the word - I don’t think your plan will work, but I do wish you well in your endeavors and it wouldn’t bother me to be wrong about my predictions.
Fair enough, but there are some countries that only require a minimum income to retire and/or live there. Not much more complicated than that.
Of course they will. You already know that.
Well, if people can buy into regular medicare wouldn’t that mean most people stick to medicare? Private insurance cannot compete with medicare due to medicare’s lower overhead and lower prices.
However if people leave the program, then the lower prices will rise. But unless the GOP makes the actual medicare a non-option, I think most people would stick with medicare. A comparable private plan is probably at least 20% more expensive. Who is going to pay $600/month for blue cross when medicare is $460?
Also as time passes, the vouchers will fail to keep up with medical inflation.
IME, the delta between private insurance and Medicare can be even greater. My wife was on Obamacare at age 64. A Bronze $5500 deductible policy cost almost $600/month. It was a narrow network with copays and coinsurance.
For her first year on Medicare, she pays $200/month for 'original Medicare + Medigap + Part D drug coverage. No network limits, copays or coinsurance. Deductible is ~$2300. (NB - Medicare deductibles mean you pay only 20% for each service until you meet it - not that you pay everything until you meet it.)
I shudder to think how much an Obamacare-like policy would cost at age 74, 84, 94…
Because medical costs change so much, I’m not sure what the cost to buy into medicare in 2016 would be. I think medicare spends on average about $10,000 per beneficiary per year, but obviously it depends on age (a 65 year old costs $5,000 a year, a 90 year old costs $14,000 a year).
So, my wife at 65 is paying premiums + deductible of $4,700 against a per capita expenditure of $5,000. So, all those taxes she paid cover just 6%?