3 ms·
This seems weird to me. What is your savings rate versus theirs? I say this because on the surface, the same feels true for me, but on closer inspection I spend
by ebiester 2y ago
This seems weird to me. What is your savings rate versus theirs? I say this because on the surface, the same feels true for me, but on closer inspection I spend money like water in ways they had tightly controlled. And yet, I have a higher savings rate than they did.
(However, I don't have a pension.)
- Spooky23 2y agoProbably similar, I’m an aggressive saver. The biggest difference is housing and healthcare. My healthcare expense is equivalent to their mortgage. My dad family healthcare coverage was $0 until I was in high school. The total cost of my, excellent health insurance is about $35k, which is 90% of the salary of my first professional job in 1999! Our policy with respect to healthcare is essentially a regressive tax on the working public. Rich people have a limited cost exposure, poor people get limited access to poor care, and everyone else gets increasingly expensive, lower quality care.