Millennials and RVs
Several threads recently have shown there are lots of elderly among us. Here's an article from USA Today regarding RVs and the youngsters. Link
Forum Discussion
CFerguson wrote:pnichols wrote:
....SS/Medicare/etc. for us will be WELL WORTH IT ...
You are, of course, entitled to your opinion.
It's way beyond an opinion.
Given that SS and Medicare are government managed and taxpayer funded insurance plans - it's how it actuarily works out for the DW and myself and probably millions of others.
It takes around a one million dollar well run investment to safely return (such that the principal amount doesn't decline so you always have it providing income) what our SS income provides per year.
And as for medical bills that Medicare pays for - good luck amassing a large enough well run investment to safely cover (such that the principal amount doesn't decline so you always have large sums of money available) what our Medicare may wind up paying for before we die.
The only substitute for a comprehensive insurance plan with a huge pay-in base is ... large personal wealth.
