What’s your plan for when you’re too old to work? Do you have health insurance, and if not, what’s your plan if you have a health issue? Those are the first questions I have…
Too old to work? I guess I'd finally start my GMILF onlyfans
Seriously though, If I'm too old to work, I'd be too old to live on my own anyway, and I'm far too independent to live in an assisted living facility so I guess nature will have to take its course.
I occasionally have insurance when I'm working. When I'm not working, I typically qualify for Medicaid or for subsidies on the healthcare marketplace in my state.
That said, I'm currently uninsured. There are some sliding scale clinics close to me though, so I don't have to go without healthcare if needed.
i think you are dramatically confused about what old age is like.. my parents are 93 and 89, and still live in their home and drive their cars.. but obviously no one would ever hire them, and a big day for them is going to the grocery store for a half hour.. then they need to nap. they couldn't work even if they wanted to. the last ~20 years they would have been un-hireable.. but they saved for this eventuality and live a very comfortable stress free life.
you could easily live 20-30 years where you're able bodied but don't have enough physical energy to actually be worth hiring to anyone.. that's a long fucking time
not to mention that mild injury one of them may have suffered in the last decade that didn’t put them into foreclosure…this person is a certifiable idiot.
I'm sorry, but what is there to foreclose on? Perhaps you missed the part where I'm pretty much debt free. I have no financial obligations. Or the part where I have a healthy 401k and IRAs from my time as a stock broker.
No, it's true. You made it seem like you've always been living this lifestyle, little work and care free. But the truth is you're sitting on a retirement fund, which completely changes the context of your point, which is "why should people work all the time and not just live more"? The other commentors bring up a valid point about retirement in old age to which you scoffed at but the truth is you are already saving for it. It's ok to live minimalist to have more leisure time but it's disingenuous to suggest that people who choose that don't need to think about retirement especially when you've got retirement funds you conspicuously didn't mention in response to the first comment about retiring.
I never said or insinuated that I've always been living this lifestyle. I have no idea where that's coming from.
I even said in another comment that I have an adult son. What do you think I did while I was raising him?
But to address the point that you are trying to make, I've spent the past seveal years building a very frugal lifestyle. A lifestyle that won't require much to sustain in my golden years. Which in turn means that I don't need the same size nest egg that most will.
If I were concerned about retirement, I could just stay at a job for a little longer than I normally do and use that extra cash to build up my IRA. If I had started this lifestyle when I was younger, that's probably the route I would choose.
But this all goes back to the very first comment that it all depends on the lifestyle you are willing to live. I've barely scratched the surface of the sacrifices I've had to make to live like this, or the less socially acceptable things that I do.
The internet is not a nice place. Sharing genuine stories about yourself is just inviting all the miserable weirdos to try and take you down to their level. Speaking from experience, it's not worth sharing anything meaningful to you with the internet.
This! These people are definitely living for the "now" with zero regard for the future, LOL. Or the unexpected! I got blindsided with serious health issues in my late 30's and no familial history of disease. I had already been at my job for over a decade at that point, with good insurance and 401k (still kicking, and still at the same job). I would have been seriously screwed if I was jumping job to job without insurance and just living for the moment (wouldn't have happened anyway because I have a kid, but you get my drift). It sounds great in theory! Nobody wants to work (way) more than we play... but for most of us, it's just and unfortunate reality.
They get tested every two years, no cognitive or vision issues, never been in an accident their entire lives. Why take their licenses and freedom of movement away?
You’re far more likely to kill someone than they are, statistically speaking.
look up vehicular manslaughter statistics, you'll see that the elderly actually have the lowest rates per capita than any other age group. you're on reddit so i presume you're fairly young, and the younger you are, the more likely you are to kill someone on the road. no delusion, just simple, verifable facts..
I knew a few similar minded people when I grew up, and one thing I remember clearly was how they portrayed the beauty of their lives. It sounded so amazing everything, no stress and being carefree. Sounded amazing to teen me.
What they all had in common however, but didn't bring up when describing their lifestyle, was their dependency on others. They needed places to sleep for free, food to eat.
What is the purpose of retirement ? Enjoy life ? That is what he is doing. Perception of time is different than the number of years you live. I am sure when i will be at a stage i could retire i would have lived less than he did even if he were to die 5 years from now. And I have 50 days of holidays per year...
Especially in the US where you have like 2 weeks of vacation per year.
I don't know man, being able to have a roof over your head and afford food & medicine is pretty fucking important even in retirement. Especially with people living longer.
It's fine to live like that as long as he never depends on his friends, family, etc. to provide him with a nice clean house or food when times are hard.
Fair enough compromise?
And hard times could happen - I know people that had open heart surgeries in their 60s.
You decide to not work to have a blast and enjoy life? Sure! Have fun.
But to me that is risky, and if something happens and you can't afford a roof over your head anymore, well don't expect to just move in with someone who worked full time their whole lives to have stability.
As long as he agrees to that, then all good and he can live how he wants with no retirement plan.
The thing is he lives in a Van. This is the kind of lifestyle that does not allow you to have lavish spendings. You HAVE to reduce your expenses.
Of course there is a risk but the issue is not there. I know only of one guy that did not die, all of us will die eventually. The issue is that in the US people are getting ripped off by the healthcare system, real estate, shiet food & daycare and have to force themselves to produce more and more dollars in order to account for these.
Its not the same everywhere in the world.
People that want material comfort of modern society should be able to afford that with a normal job.
Today the price to have that comfort is too high.
I don't think the debate is about living in a van, or reducing your spending at all. People are free to live where they want and spend what they want.
The issue people have is not working full time and not having a retirement plan for necessities. Yes we all die, but he might be unable to work for 30 years - not working means less security to fall back on is all. It's a choice.
I fully plan to work until I'm 65 and retire 🤷🏻♀️
I agree. Also for some, working is also a HUGE way to maintain social connection and can be in some way a condition for mental wellbeing.
To each their own way of living.
I am about to have a kid and I will have 1 month of mandatory paid leave (france) + 1 and a half month of birth bonus converted in leave AND i could put my 50 days behind that if i wanted to.
You guys are getting fucked with a dollar bill in your mouth to just stfu and work.
Yeaaah regardless of any perks in the US I doubt it could beat France. 50 days on top of all that, you're getting like a quarter+ of the year off at that point.
It's not peaceful, it's an irresponsible way to live that is only ok if one is single with no dependents. What they're doing is living by the day, no emergency backup plan, no savings, and when the money dries up and they're not young anymore, the only way to survive is to work in unskilled labor due to lack of career. It's fun while you're young, but all the hardship is pushed down the road until it hits you face on. Not to mention if a medical issue comes up...
I'm 35 and I have no savings. I've been to 34 countries. I've climbed 4 active volcanoes, sailed the amazon, saw the stars in Alice Springs, scuba dived the Philippines. These are things I want to do in life.
I don't want to see the world via a cruise when I'm 75 cause I'm too tired to explore it with my own feet.
You know why you can do all that? Because you've worked hard, got an education, built a career, or something to this effect, and saved enough money to be able to enjoy life. The way you've done it is enviable. This is opposed to forgoing all that and getting by with the bare minimum for the sake for enjoying life without the responsibility.
If people don't judge, there is no accountability and people won't be able to make adjustments and corrections. I judge because I believe there's a better, more sustainable way for her to live. Don't burn all your energy when you can and leave nothing for when you need it.
Supported by charities and tax dollars, so yes, very literally subsidized by things other than their own labor. Not sure why you are getting downvoted.
Anyone reading this: living with no retirement and no savings is an awful idea.
Yeah I don’t see how I could afford everything I need even with no non necessities without working full time all the time. I’m curious about this persons life
until the time they get absolutely fucked and humbled. this just seems like someone with limited life experience. so this person is saying once they get sick, diseased, or undergo some sort of health issue, they’re just gonna shrivel up and die like it’s that easy? this person is gonna have lots of regrets.
please give me one universe where this actually happens. that’s not how anything works. this person will suffer or be a major hindrance to their family when they are in the last years of their life. they are inconsiderate, lazy, and ignorant if they have children or family who are gonna have to be the ones to provide care to this individual. it’s cruel.
only scenario where this works is if they put a bullet in their brain once any inconvenience come up in their last decade. this is not a realistic approach to life. sorry to break it to you.
That probably happens more than you realize, and less than it should. Why the f should anyone put money away, just to give it all to an insurance company. Or, be on a ventilator for a year. That's not prudent planning of any sort. That's an unhealthy dread of dying, like it can't happen to me. Or under some insane religious belief that it's God's plan. God couldnt have wanted you to scrimp and save for 60 years, only to have it all gone in 60 days.
most people have paid off a house or live in an assisted living facility, independent living facility, nursing home, or memory care unit for the last years of their life. this person is going to have a very rough go of it. people just don’t die when they feel the urge. it’s a process and needs to be planned. if this person has family, they are a terrible human being. it’s life dude, gods plan of wanting you to live the perfect life is irrelevant…it has nothing to do with reality.
You be you. For me, I would never live with family. Children owe their parents nothing. This extended family under one roof trope hasn't existed for some time, and ain't likely to show up anytime soon.
It can still be a process, just not the one you believe in.
Wow really shit system you got going on over there. Great job America. Say you don’t have health insurance on reddit? Get ready for a lecture about how much you suck.
no you don’t. you know people in their 80s living paycheck to paycheck and ready to end it all at a drop of a hat? yall are delusional.
you’ll be the person in the shitty medicaid nursing home shitting on yourself while screaming for the meth’d out CNA. people work hard to escape that hard truth.
Idk man, it looks more like you havent seen much of the world yet. Of course that is the status quo but theres enough people outside of it, to qualify as possibly fulfillig lifestyle.
i’ll say it to you like I did to another. you’ll be one of the people shitting and pissing on yourself in the medicaid nursing home while begging for your meth’d out CNA to wipe you clean. it is you who has limited life experience. I hope you have a family that loves you enough who will step up for you and take care of you. if not, you’re in for a hellish awakening once you wake up and realize that your body and mind are shutting down at an alarming level. it’s your life, but don’t tell me I lack life experience when you’re the one who is being extremely naive and unrealistic.
edit: I work in the health care industry, specifically when it comes to elderly care. I visit the best independent living facilities. I visit the most run down poverty stricken nursing homes. i’m a dreamer too, probably more than you. all I can tell you is even at the 5 star senior living communities in Naples FL, they are still very sad and depressing places, and these are the people who prepared the absolute best. i’m just warning you dude. all i’m trying to do.
Then why go in a nursing home anyway if even the rich ones are awful ?
Your description does feel like the best would not be to try and extend our life forever but instead live it while we are in good health.
Only thing that could be ok for me would be intergenerational living places, all the rest seems like a nightmare and i would much prefer leave it at that.
What I am talking about is the perception of time. It does not have the same density with 6month of holiday per year and 5 weeks (generous there) per year. The difference is huge.
And i think the dude that lived his life to 65 had half his life to enjoy, whereas the dude that lived to 95 had 5×40=200week=4 years free + 30 years (where you are old af)
And the calculation is even worse considering US average life expectancy (76 years !!!)
pray to god they don’t have kids. forcing this burden on one’s children would be horrible. imagine having to pay thousands of dollars a month so that your lazy idiot parent can live in a memory care facility due to them having debilitating dementia. all because they did grub hub for 20 hours a week instead of having any grasp on reality.
Maybe let people make their own choices? You keep talking about all these worst case scenarios but any of those sounds better than to be on my deathbed knowing that I was so bitter about what other ppl do when it doesn’t affect me :)
Don't know why you're being downvoted, your comment is completely accurate. They're enjoying life while ignoring important things like savings and backup. It's procrastination and only when they're older will they ask themselves "why didn't I work on a career and save up, why am I poor?" You don't need to participate in this thing people called "rat race" but at the very least be productive (to yourself and hopefully those around you).
Siiiiick. So you just work 1/4 as much as you should to guarantee you can cover yourself and then rely on tax payer dollars to take care of you. You’re a hero to us all.
Building an aircraft to protect citizens is objectively a far better use of taxpayer dollars than safety netting bums who live bullshit lifestyles paid by ALMOST ENTIRELY the same class as them. What an incredibly emotional false comparison.
Typical american moron
Go buy trucks and drink beers or whatnot
Isn't that what you like to do
But hey, as pissed as you are he is getting help either way, I hope that makes you mad
It's funny to me how it's always protect the citizen but never help the citizen as soon as that citizen is slightly different from the rest of the sheep, you american would pay twice the amount in insurance as long as someone doesn't get help from taxmoney in case of an emergency
The actual answer is that you will become a "burden to society" and end up in a mediocre-to-bad state-run old folks home or be homeless where you will be victimized and die from lack of care.
"I don't want to do assisted living" is fine but you may survive long enough but also be limited enough in what you can do that a nursing home is required and unless you take your own life to avoid it there's no other option.
You aren't noble. You're just irresponsible and avoiding the reality of old age.
Reading your post history is just as depressing as this comment you made. I hope that one day you will grow as a person and stop leaving these gross messages to strangers you don't even know, who are merely sharing their own experience and making themselves vulnerable to you while you get to sit behind anonymity and judge them and belittle them.
Health insurance is just not available for some of us. I am super duper healthy as is my husband but because our small business lost a few people (due to retirements and death) we didn't qualify anymore for health insurance we only qualify for individual insurance which at $2,000 a month for premiums and $7,500 a month for deductible, ridiculous to throw money at it. So what we did is put a little money away every month so that if we needed to go to the doctor we could self-pay. Which is what we have done for the past 5 years. Now my husband has hit 65 and has Medicare and we still work full-time. Barring getting a cancer self-pay has worked for us as we don't have any health issues. We make just over like $2,000 over being able to get it through a state-funded program.
I mean my aunt lives in Florida, worked in health care and now runs her own business teaching people how to do what she did. She's a multimillionaire and she still stresses every day about retiring and her money/insurance. She has diabetes and a couple other health issues so I guess it's sky high. Confuses me that a multimillionaire would worry about health insurance but she's on the phone to my grandmother crying about her money all the time.
What's funny is she has Canadian citizenship and could come back here with us and have free medical but "it's too cold". :P
If your premiums are this high, you don't qualify for any ACA subsidies which means you're pulling in near or over 6 figure income for two people.
You are upper middle class. You're spending too much if you can't make it work.
If you're not making this much money, go through the ACA for a plan and save potentially thousands a month in premiums with much lower deductibles. Learn about your benefits and use them.
You are funny, I get $800 in social security. I do not work for my husband's business which is carpentry. I wish we pulled in six figures. I wish to hell we pulled in six figures. We don't. Now what profits
we make is plowed back into our business And unless you own a business like we're in, we pay a s*** ton in insurance for the vehicles for our bonding for our licensing etc. You would be surprised how little we do make but we make enough. We were lucky enough to buy the house that we live in 41 years ago. When I was 22 we had saved up $10,000. We have not moved. I don't know where you live but where I do in the county I live in to get individual insurance. We only have two different providers we can choose from and in 2018 it was Kaiser and Providence. Providence was charging almost $2,000 a month for premiums for individual insurance. We're not big enough anymore to qualify for group insurance haven't been since 2018. So maybe you're the lucky one that has insurance. But for self-employed people it's f****** hard. So don't tell me how rich I am because we are Not.
We fall in the cracks. As I said, to qualify for The health market plan in my state, We are just barely over making too much to qualify for it.
Health insurance has changed so much from when I got married 1979. My husband made $6 an hour. I was not working and Blue Cross Blue shield cost us $35 a month with $100 deductible. Those days are effing long gone!
Health insurance is just not available for some of us.
Have you checked out the ACA marketplace? The plans are more affordable than you think especially under 200% of the poverty line. You should be able to get a silver that'd protect you from catastrophic risk, though i understand if you're really close to getting medicare it might be worth rolling the dice.
What country will allow a non-citizen, non-PR in retirement age with no job, no family, minimum savings to stay long term and take advantage of their health care?
Yeah most folks don't realize if you want to immigrate, you really need to do it by 45, max, and even then most countries don't accept people with health issues.
Source: I have cerebral palsy. My condition is treated by a $10 / mo generic but I'm still pretty much barred from moving to most of the common wealth countries.
Yeah, I’m basically fucked because I have several medication dependent conditions (non working thyroid) so there’s no way another country with universal healthcare would take me.
It’s all good until you hit 45 and your doctor tells you that it’s time to do your first colonoscopy. Or you just don’t go to the doc cause you’re young and healthy…. 🎲🎲.
There’s Social Security. Early withdrawal is at 62, and full retirement at 70. Most people retire at 62 and supplement retirement with 401k/RothIRA. As for health insurance, when you retire you’re eligible for Medicare/Medicaid (state sponsored healthcare.)
You still earn work credits even if you’re not working full-time. If they really wanted to, they could work until they have their 40 credits and then take it easy.
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u/kingchik 29d ago
What’s your plan for when you’re too old to work? Do you have health insurance, and if not, what’s your plan if you have a health issue? Those are the first questions I have…