Quote:
Originally Posted by woj
(Post 17828980)
If you can save for retirement yourself, there is no reason why you can't self-insure your own healthcare....
If lets say you save $200/month and invest it at 8% in your own healthcare account you would save about 11 Million (!!!) in your lifetime (75 years)... obviously this is a bit oversimplified, but I think most people spend way less than 11M in their lifetimes on healthcare... :2 cents:
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Where are you getting those numbers? I put away much more than $200 a month in my Roth IRA and more in my 401 (k) and I will never see anything even remotely close to $11M at premium (dreaming) rates combined. $200 a month at 8% does not pay for cancer, a major accident, or one of the many other terrible things that COULD happen.
My healthcare is cheap compared to many I know and I pay well over $1,500 a month, that doesn't even include insurance. I really don't think many realize how expensive "being sick" can cost.
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