Comment on Believing you will retire before you die now requires the same faith as believing in heaven

Diddlydee@feddit.uk ⁨2⁩ ⁨months⁩ ago

• DrFistington@lemmy.world ⁨2⁩ ⁨months⁩ ago

  Don’t live too long or get sick though, you’ll run out of money

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  • WoodScientist@lemmy.world ⁨2⁩ ⁨months⁩ ago

    That’s not how sound retirement planning works.

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    • DrFistington@lemmy.world ⁨2⁩ ⁨months⁩ ago

      Yeah, what I’m saying is that you can’t really plan for retirement considering you could burn thru millions in medical care during the Medicaid gap., and medical care prices keep increasing

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      • WoodScientist@lemmy.world ⁨2⁩ ⁨months⁩ ago

        You can get secondary insurance for that. The truth is that the vast majority of retirees who retire intending to live off their investments actually end up dying with more money than they started retirement with.

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