4 ms·

Oh, I almost always forget how fucked up American healthcare system is. However with this much money, even a 1M stacked, one can live a happy life in anywhere i

Oh, I almost always forget how fucked up American healthcare system is. However with this much money, even a 1M stacked, one can live a happy life in anywhere in the world. I have a friend living in Berlin working 10h / week for a SF startup remotely and meanwhile he enjoys playing music and building stuff for fun.

lotsofpulp 7y ago
Yes, if I didn’t have passive income sufficient to pay for all of my and my family’s healthcare, I wouldn’t feel economically secure in the US. And that means at least $70k to $150k in passive income per year.
- tiborsaas 7y ago
  That sounds very depressing TBH. With 70k passive I could retire in Hungary. Just by having $150k in your bank account would give you 5-8 years of runway in Budapest to live a very good life.
  - wil421 7y ago
    The $25k for someone making $50k is a completely bogus number. It’s likely a little less than half that for a family of 4 on a Kasiser healthcare plan according to google.
    - lotsofpulp 7y ago
      Not bogus in NJ: https://www.state.nj.us/dobi/division_insurance/ihcseh/ihcrates_2020.pdf https://www.state.nj.us/dobi/division_insurance/ihcseh/ihcra... Kaiser is an exception and is only available on the West coast. And maybe a little bit in VA. Either way, the point about needing a ton of money for healthcare is valid. It’s a race to get to Medicare age before you get hit with a medical problem. Edit: Here's the data for nationwide for a 40 year old. Based on the NJ pdf above, you can double the premium to figure out the cost for someone in 50s to 60s. https://www.kff.org/health-reform/state-indicator/average-marketplace-premiums-by-metal-tier/?activeTab=map&currentTimeframe=0&selectedDistributions=average-lowest-cost-silver-premium__2020&sortModel=%7B%22colId%22:%22Location%22,%22sort%22:%22asc%22%7D https://www.kff.org/health-reform/state-indicator/average-ma... Edit: I just noticed you were claiming someone earning $50k won't pay $25k in health insurance premiums, which is right. I did not know that premium tax credits only took into account annual income.
      - wil421 7y ago
        I’m in Georgia and Kaiser’s website says there are 26 locations throughout Metro Atlanta.
        lotsofpulp 7y ago
        Here's a list of all the places Kaiser offers healthcare, and it doesn't apply to most people in the US, so I don't consider it relevant for a discussion about healthcare costs for people in the US as a whole. https://healthy.kaiserpermanente.org/doctors-locations https://healthy.kaiserpermanente.org/doctors-locations
        wil421 7y ago
        OP said they work for FANG and they are likely in California or Washington. It’s very relevant.
crucialfelix 7y ago
I live in Berlin, pay $5.3k health insurance with $1k deductable. I was considering applying to remote jobs in SF but I think the time zone would mess with my family life.

lotsofpulp 7y ago

Yes, if I didn’t have passive income sufficient to pay for all of my and my family’s healthcare, I wouldn’t feel economically secure in the US. And that means at least $70k to $150k in passive income per year.

tiborsaas 7y ago
That sounds very depressing TBH. With 70k passive I could retire in Hungary. Just by having $150k in your bank account would give you 5-8 years of runway in Budapest to live a very good life.
- wil421 7y ago
  The $25k for someone making $50k is a completely bogus number. It’s likely a little less than half that for a family of 4 on a Kasiser healthcare plan according to google.
  - lotsofpulp 7y ago
    Not bogus in NJ: https://www.state.nj.us/dobi/division_insurance/ihcseh/ihcrates_2020.pdf https://www.state.nj.us/dobi/division_insurance/ihcseh/ihcra... Kaiser is an exception and is only available on the West coast. And maybe a little bit in VA. Either way, the point about needing a ton of money for healthcare is valid. It’s a race to get to Medicare age before you get hit with a medical problem. Edit: Here's the data for nationwide for a 40 year old. Based on the NJ pdf above, you can double the premium to figure out the cost for someone in 50s to 60s. https://www.kff.org/health-reform/state-indicator/average-marketplace-premiums-by-metal-tier/?activeTab=map&currentTimeframe=0&selectedDistributions=average-lowest-cost-silver-premium__2020&sortModel=%7B%22colId%22:%22Location%22,%22sort%22:%22asc%22%7D https://www.kff.org/health-reform/state-indicator/average-ma... Edit: I just noticed you were claiming someone earning $50k won't pay $25k in health insurance premiums, which is right. I did not know that premium tax credits only took into account annual income.
    - wil421 7y ago
      I’m in Georgia and Kaiser’s website says there are 26 locations throughout Metro Atlanta.
      - lotsofpulp 7y ago
        Here's a list of all the places Kaiser offers healthcare, and it doesn't apply to most people in the US, so I don't consider it relevant for a discussion about healthcare costs for people in the US as a whole. https://healthy.kaiserpermanente.org/doctors-locations https://healthy.kaiserpermanente.org/doctors-locations
        wil421 7y ago
        OP said they work for FANG and they are likely in California or Washington. It’s very relevant.

crucialfelix 7y ago

I live in Berlin, pay $5.3k health insurance with $1k deductable. I was considering applying to remote jobs in SF but I think the time zone would mess with my family life.