NiceCupOfTea said...
Well I can certainly understand why you're happy to be free of doctors and associated medical costs. Can you put the money you would have paid for meds, doctor visits, etc. into a pension pot instead? I dunno how retirement works in the US, sorry, but I certainly don't blame you one little bit for not wanting to work until the day you die :-/
hehe, it's cute that you care. I do put money aside, but you really need a ton to stop working. A few 1000 a year doesn't do much in the big picture. I try to build savings, and work, work work, so hopefully some day, before I keel over, I can relax a bit. I feel like I need a long vacation, and that will make me less whiny, but who can afford the time off? it's hard, especially as a single, childless woman, I make less money, pay higher taxes, don't use public programs.
My job provides me with insurance. Sometimes when people say they need this or that, I think, "get a different job" or "change career paths". That's exactly what I did, I changed careers and got a different job. It took a long time, but eventually I found one with a decent insurance plan.
Not having the health stuff looming is certainly a huge weight off my back. I don't have a family to support me... no one's going to pay my bills... I am not going to inherit a penny...
In the US, you have to save to retire, very few companies offer pensions. Many corporate jobs offer 401k, investment accounts, but there are no guarantees - you pay into it, and it's usually pretax, but I believe you pay tax when you take it out & markets go up and down. Some people use their home as an investment. Once you get older, you can get social security through the government. That money is money you've paid in throughout your working career. There is also medicare for older people's insurance, but here, if you're young and capable, you need to be working, otherwise you won't get social security (unless you marry someone who paid in - you can get theirs after they pass).