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this post was submitted on 30 Jan 2024
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Showerthoughts
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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.