Owns a home and a six figure retirement account balance. Tiny violins.
While this (perhaps hypothetical) individual is definitely much better off than most people, they’re still closer to poverty than being in the wealth class. Seriously anyone who makes a million dollars a year USD or less is closer to poverty than being rich. We shouldn’t be taking our frustration out on people who are doing slightly better than ourselves. We should be fighting the billionaire class, and the political leaders who are in their pockets.
But the news is telling me to hate…oh wait.
Nobody commenting is reading the article.
The headline suggests that medical bills drove them into poverty so much so that he’s had to be driving for Uber at 76. Thats not the case, and the article lays it all out.
It looks like about 25 years after the medical bills wiped them out financially, they recovered financially:
I really didn’t want to retire in my 60s, but we were getting older, and my wife wanted me to be spending more time at home. When I retired, I had some equity in my home and around $300,000 in my IRA. I also started to fund an IRA for my wife, which I built to mid-five figures. This allowed us to travel extensively within the US for the first few years. But a part of me felt like we probably weren’t going to live that long anyway because everybody around us was dying.
We should be celebrating two things:
- the fact that the ACA passed into law and that what happened to this couple in the 1990s can’t happen again under today’s law
- the hard work they did rebuilding financially to have over $350k in savings + home equity and have have a comfortable retirement to be able to afford extensive travel they did in retirement.
I remembered getting a bill in the neighborhood of $246,000 from the hospital that covered the surgery and her recovery in the hospital. We still had a whole road ahead of us for aftercare. By the end of it, the bills totaled about $300,000.
Even with my prostate cancer, pacemaker, and half a lung removed, my physical strength and stamina are remarkably good. As a mental challenge, I try to push myself in every situation I’m in. I find driving at night calming, and I like the aloneness of it.
If I was staring down cancer like that, just fucking kill me. Quit the game before my family pays through the nose for my inevitable death.
Just until America collapses
Next Tuesday then?
The best healthcare in the world is what these Republicans and blue dogs say.
Maybe it is for those who can afford it.
Is it a coincidence that the money has the top of a pyramid on it? It’s a fucking pyramid scheme. Of course it’s awesome if you’re on top.
The title is hella misleading. This guy is doing really well. Why was this posted??
Trash country is trash.
Capitalism is super cool.
The country with the most liberties, everybody.
We’ve known for half a century how bad social systems are. Even prisons are for profit… Bud; if you decided to stick around and grow old in the USA, I’m sorry to say, but you are a fuckin moron!
Rich like Elon musk ,get richer but people like me get poorer! Not fair , Elon musk like people get rich by exploiting and stealing right of other people
Why is this news? Some guy is low on cash.
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How old is the president? That job is a lot harder to. He should be fine for another 10-15 years at least.
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