Earlier quoted context omitted.
Very important point. I think the older you are, and particularly if you have dependents, you need a longer period of savings. Couple TV programs (e.g. Suze Orman show) advise to have at least 8 months salary worth of savings. I think if we have that bare minimum of comfort (i.e. 3/8/more salary months), then after that we should try to focus on being healthy. Working more and compromising health is a very bad deal.…
Yep, fortunately I had about 3 months, but in retrospect it was too close for comfort and I should have had more saved (was at about the worst time for me--just added six figures of debt due to grad school). Whether it's 3 months or 6 months or 12 months, the point remains: If you can't afford to lose your job, you will do crazy things and work insane hours just to keep it. The other thing to consider, which only app…
This is what's truly hosed up about US-based health insurance/services. People are so divorced from the reality when things are 'good' that the horribleness of it is exposed only when you can least deal with it.
Everyone should be required to buy their own insurance, with no employer interference at all. We'd see massive shift in peoples' attitudes, and probably a bigger shift to single-payer, quickly.
I'm self-employed and have had to deal with the expense of health insurance head-on for years. I was happy when we got 'high-deductible' HSA options, as it reduced monthly expense. ACA/Obamacare has more than doubled our monthly premiums in just 3 years, and I still can't afford to get sick at all without incurring hundreds or thousands of dollars in medical bills. :(