3 ms·

What are you then? All my (little) retirement money got either paid into the German or Swiss system. And no, I don't think my retirement is safer than that of

by FrojoS 14y ago

What are you then? All my (little) retirement money got either paid into the German or Swiss system. And no, I don't think my retirement is safer than that of my US friends. Frankly, my plan is to just never retire. But of course that's just the naive idea of a 20-something.

flyinRyan 14y ago
They're probably talking about the whole "let's hope he never gets sick" part.
- GFischer 14y ago
  Indeed. Here in Uruguay, in a similar circumstance as greggman described you might get a U$ 400 pension (once a month), which is below subsistence level... but you're entitled to the same healthcare as the 98% of the population, up to and including expensive cancer or AIDS treatments. (the top 2% do have additional levels of coverage available by spending more money).
  - krschultz 14y ago
    In the US, at age 67, he should be getting Social Security and Medicare. That's a pension and healthcare. It might not be enough, but it's something. Social Security will pay ~$1,800 a month assuming a birth date in 1945 and a maximum salary of $65,000. Medicare covers most things - including serious medical. My grandfather and grand mother both had massive hospital bills due to Alzheimer's covered by Medicare. The major exception is nursing home care - that is not covered by Medicare. [1] http://www.socialsecurity.gov/planners/benefitcalculators.htm http://www.socialsecurity.gov/planners/benefitcalculators.ht... [2] http://www.medicare.gov/navigation/medicare-basics/medicare-benefits/medicare-benefits-overview.aspx http://www.medicare.gov/navigation/medicare-basics/medicare-...
    - GFischer 14y ago
      Do those cover "serious medical bills"? If so, greggman's argument is no longer valid.
      - flyinRyan 14y ago
        Medicare is not bad, but that only counts for people who are retired. In this specific case the OP might be wrong about the dangers to their dad, but for most people this is a huge scare.

by FrojoS 14y ago

flyinRyan 14y ago

They're probably talking about the whole "let's hope he never gets sick" part.

GFischer 14y ago
Indeed. Here in Uruguay, in a similar circumstance as greggman described you might get a U$ 400 pension (once a month), which is below subsistence level... but you're entitled to the same healthcare as the 98% of the population, up to and including expensive cancer or AIDS treatments. (the top 2% do have additional levels of coverage available by spending more money).
- krschultz 14y ago
  In the US, at age 67, he should be getting Social Security and Medicare. That's a pension and healthcare. It might not be enough, but it's something. Social Security will pay ~$1,800 a month assuming a birth date in 1945 and a maximum salary of $65,000. Medicare covers most things - including serious medical. My grandfather and grand mother both had massive hospital bills due to Alzheimer's covered by Medicare. The major exception is nursing home care - that is not covered by Medicare. [1] http://www.socialsecurity.gov/planners/benefitcalculators.htm http://www.socialsecurity.gov/planners/benefitcalculators.ht... [2] http://www.medicare.gov/navigation/medicare-basics/medicare-benefits/medicare-benefits-overview.aspx http://www.medicare.gov/navigation/medicare-basics/medicare-...
  - GFischer 14y ago
    Do those cover "serious medical bills"? If so, greggman's argument is no longer valid.
    - flyinRyan 14y ago
      Medicare is not bad, but that only counts for people who are retired. In this specific case the OP might be wrong about the dangers to their dad, but for most people this is a huge scare.