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re: 42-year-old millionaire: I tried to retire early at 34—but failed. Here’s what went wrong

Posted on 12/20/19 at 7:24 am to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423521 posts
Posted on 12/20/19 at 7:24 am to
quote:

In 2019, the monthly premium on our health insurance was $1,820. But last month, I received notice that our premium will rise to $1,940 in 2020. That’s $23,280 per year in annual health insurance premiums, excluding any co-pays and co-insurance.

This will be an even bigger problem if we decide to have more children later on, because the 2020 amount would go up by another $440 (to $2,560) per month.

I’ve finally reached a point where paying so much in health insurance premiums feels like highway robbery, especially since we’re a healthy family with no pre-existing conditions. While I understand that it’s our duty to help subsidize others who are less healthy, the cost has become untenable.




Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 12/20/19 at 7:51 am to
I’m surprised no one has mentioned his comment if all else fails I’ll just move to Honolulu NBD. As if Honolulu is some LCOL area.
Posted by Sentrius
Fort Rozz
Member since Jun 2011
64757 posts
Posted on 12/20/19 at 8:15 am to
At this point, anyone that's not mega rich that wants to live in San Fransisco, or San Diego and LA is either an absolute moronic idiot or a confirmed criminal that has one hell of a deal with someone.

The dude in the OP could have the same quality of life in a place like Houston, Phoenix, Dallas, Atlanta, Miami, or Nashville and still save a shite ton of money.
Posted by flvelo12
Palm Harbor, Florida
Member since Jan 2012
3329 posts
Posted on 12/20/19 at 8:38 am to
quote:

While I understand that it’s our duty to help subsidize others who are less healthy.


Uh, no.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41204 posts
Posted on 12/20/19 at 8:46 am to
quote:

While I understand that it’s our duty to help subsidize others who are less healthy, the cost has become untenable.



shite like this makes me want to punch people in the face. Here's a news flash: I DON'T OWE YOU OR ANYONE ELSE ANYTHING! Just because you were born doesn't give you claim over my life.
Posted by Salmon
On the trails
Member since Feb 2008
83631 posts
Posted on 12/20/19 at 8:51 am to
quote:

I’ve finally reached a point where paying so much in health insurance premiums feels like highway robbery, especially since we’re a healthy family with no pre-existing conditions. While I understand that it’s our duty to help subsidize others who are less healthy, the cost has become untenable.


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