I also don’t think the average person willve saved up 5mil to retire on, in fact I don’t think the average person will be able to retire, period.

The majority of bankruptcies are from medical expenses, from people WITH health insurance.

If you think that that’s acceptable, then I question your morality.

The whole point wasn’t in the actual numbers but feel free to use it to practice your algebra. Focusing on the numbers avoids the point completely, but I guess that is easier then root causes and structural problems to our capitalism/legal system.

That’s something people should consciously be aware of because with the system as fucked as it is now, we are all guaranteed to end up poor.

Assume you save up 5mil for retirement. You fall and break yr hip. Insurance covers 80%. How much of that 5mil you gonna have left?

Answer; by the time we get there inflation will have fucked all the value of the dollar. You’ll be selling you house to pay that bill, after emptying your bank account, cuz Medicaid doesn’t help until you’ve liquidated all your assets.