Comments on: Will Healthcare Always Be the Retirement Spoiler?

By: JRich

JRich — Mon, 25 Feb 2008 23:10:31 +0000

I may be in the dark, but the situation doesn’t seem that dire to me.

My employer always offers plans with roughly $12000 maximum out of pocket per year and $1mm lifetime maximum (from them). I would imagine there is something like this for medicare after retirement but could be wrong.

I have moderate income but no SEP-IRA so I just max out 2 IRAs and my 401k. I contibute more by getting a high deductible plan, maxing out an HSA, but paying bills (up to the deductible) out of pocket. Saving $5650 a year (and increasing), this could give me nearly another $1mm just for healthcare.

I think that gives you a virtual garauntee of beign coverred, but could be wrong.

By: Money Blue Book

Money Blue Book — Mon, 25 Feb 2008 19:36:24 +0000

Well for the record, I am in favor of nationally subsidized health insurance. I see health care as a service that should be offered universally the same way police, fire, and primary education are provided.
-Raymond

By: tracy ho

tracy ho — Sun, 24 Feb 2008 09:40:50 +0000

Happy to read your article,

good luck,

Tracy Ho
wisdomgettingloaded

By: Fiscal Musings

Fiscal Musings — Fri, 22 Feb 2008 07:29:37 +0000

I do see the concerns with the healthcare system, but until it’s something we can actually influence we can’t worry about it. We should just focus on the things over which we have control which are our savings and investments.

By: Jerry

Jerry — Fri, 22 Feb 2008 04:06:49 +0000

Umm…what is this guy talking about? Anyway, yes, health insurance/health care is a nightmare in America, regardless of political stance. With this new election coming, who knows where it will lead. It makes me want to move out of the country which isn’t very patriotic of me but we don’t live in the same America. It’s harder and harder for each generation to go for the “dream”.

Jerry

By: The Personal Finance Weblog

The Personal Finance Weblog — Thu, 21 Feb 2008 03:43:21 +0000

Other Voices: Links for 2/20/08…

Profundity from the PF blogosphere: Everybody Loves Your Money: From my point of view, I'm a financially savvy, solidly middle class household with a net worth higher than 90+ percent of people my age. In this situation you would think……