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You've already gotta be pretty damn rich for the most likely outcome, even as a quite comfortably retired person who's careful not to overspend, not to be "hosp
by shantly 7y ago
You've already gotta be pretty damn rich for the most likely outcome, even as a quite comfortably retired person who's careful not to overspend, not to be "hospitals and hospice care take all my money in the last few years, and I die nearly penniless".
We're rapidly approaching a time when leaving inheritance will no longer happen at all for nearly all people who've worked their whole lives (i.e. have never been owners, "capitalists", as their primary source of income). I mean I know there's not much there already, but soon that'll just not be a thing anymore. Healthcare expenses plus the death of pensions are going to cause some serious unrest in the next decade or two, unless we course correct hard and very soon.
- tomp 7y agoI really don't know what to think about healthcare expenses... Like, dying pennyless makes sense! Why wouldn't you spend all your money just to prolong your life a bit longer? Obviously, our (civilization's) resources are limited, and we need to make decisions how to allocate them... EU countries decide by fiat (government says, we'll spend this much taxes on healing kids vs that much on healing old people), whereas US decide by market (rich people, young or old, can spend more on their own health). Personally, as technology improves, I really don't see us spending less on healthcare... after all, it's literally life, the most (individually) valuable thing there is!
- Dylan16807 7y ago> Why wouldn't you spend all your money just to prolong your life a bit longer? Money doesn't work that way. Fixing the problems that can be fixed usually isn't a crippling amount of money. And when hospice is expensive, it's not because any notable treatment is happening, it's just to give you a place to live.