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

• DrFistington@lemmy.world ⁨4⁩ ⁨weeks⁩ 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 ⁨4⁩ ⁨weeks⁩ 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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    • Krauerking@lemy.lol ⁨4⁩ ⁨weeks⁩ ago

      That feels like that weird issue that Melinda Gates has of not being able to spend her profits from her stocks fast enough.
      Money just begets more money.

      You know if you have it or not these days.

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      • WoodScientist@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

        I said most people. I’m talking people who retire with levels of wealth achievable through ordinary wage and salary work. People retiring with portfolios in the $1-5 million range. And yes, the vast vast majority of these folks die with more money than they start retirement with.

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