Americans are retiring to Vietnam

Post by mellosouls » Thu, Dec 26, 2019, 10:45 PM UTC

colechristensen wrote: post #81

nodemaker wrote: post #66

Earlier quoted context omitted.

I find the idea that employers should have anything to do with healthcare quite revolting. Healthcare should be a deal between you and the government for which you should pay taxes. This and some other reasons are why I cannot fathom living in the US under 250K a year.

Why? Why is one large bureaucracy better than the other?

Post by noelsusman » Thu, Dec 26, 2019, 10:49 PM UTC

Rebelgecko wrote: post #65

wavefunction wrote: post #43

Earlier quoted context omitted.

I am just about to sell my father's $320,000 house so I can pay for his nursing home care. He sadly did not have the foresight to acquire long-term disability insurance or put his assets into a trust so we'll be paying out of pocket until his money runs out and he goes on Medicaid, which will still only cover 60% of his care. $320,000 / $8000+ a month (not including rising costs) means he has 3.25 years of care cover…

Is he not eligible for Medicare? I thought even the pricier Part C plans would be less than $8k for a whole year's worth of premiums + the out of pocket maximum

Post by portaljester » Thu, Dec 26, 2019, 10:50 PM UTC

fxtentacle wrote: post #83

axaxs wrote: post #70

Earlier quoted context omitted.

Absolutely, but I hope my comment was not taken as an endorsement by any means. I don't think most folks know how rampant it is. It was something I had read about and knew existed, but seeing it in person is eye opening. I know it's not my business and I shouldn't care, logically, but it makes me disgusted in some way every time.

I believe that it may well become an existential crisis for western cultures that guys are conditioned by advertisements to expect an attractive girlfriend in exchange for being successful at work, but in reality that rarely works out. On the one side, that leads to men who feel like they deserve an attractive girlfriend and take evil methods for acquiring one. On the other side, there's a booming industry in the US…

Post by DennisP » Thu, Dec 26, 2019, 10:58 PM UTC

stock_toaster wrote: post #56

wavefunction wrote: post #43

Earlier quoted context omitted.

I am just about to sell my father's $320,000 house so I can pay for his nursing home care. He sadly did not have the foresight to acquire long-term disability insurance or put his assets into a trust so we'll be paying out of pocket until his money runs out and he goes on Medicaid, which will still only cover 60% of his care. $320,000 / $8000+ a month (not including rising costs) means he has 3.25 years of care cover…

Don't forget about the annual max gift tax limit (15k for 2020). Your father could reasonably gift you 15k a year (possibly another 15k to your spouse if you happen to be married) to reduce his savings a tiny bit quicker, so medicaid kicks in a bit sooner. At that point you could maybe even claim your parent as a dependent, and help him pay for his medical costs (which I think you can also deduct?). I'm not sure on t…

Post by stevespang » Thu, Dec 26, 2019, 10:59 PM UTC

axaxs wrote: post #26

starpilot wrote: post #15

Earlier quoted context omitted.

Yeah that price is similar for places you can find in the rural midwest US.

Yeah, but you can't find an 18 year old woman to marry you as a modern day indentured servant in the midwest. Ninety percent or so of the old white men I encountered in SEA had his arm around some poor childlike girl.