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Started By
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Posted on 12/8/25 at 3:44 pm to T1gerNate
quote:
The thing that is just KILLIN me is health insurance. I’m paying $3,000+ a month for health insurance for my family with a fricking $12,000 a year deductible. This shite is criminal!!!!!!
I pay $150/month for my kids. My company pays mine and my wife is on her own but still no where close to what you are paying. That's highway robbery. I would just go without
This post was edited on 12/8/25 at 3:50 pm
Posted on 12/8/25 at 3:47 pm to Mingo Was His NameO
quote:Boomers? Those are the wealthiest of all the lots. And those trillions are on the precipice of trickling down to all the other supposed woe-is-me generations.
You should try being realistic. Boomers aren’t going to sell their paid for home to pay for car repairs, but they often dont have the cash flow to really pay them either.
It's preposterous to pretend America is poor. The per capita GDP of Mississippi is higher than basically every country in Europe. (If you use PPP, the picture slightly changes, but the point remains: our poorest, shittiest state is richer than England, France and Germany.)
Posted on 12/8/25 at 3:49 pm to Big Scrub TX
quote:
It's preposterous to pretend America is poor. The per capita GDP of Mississippi is higher than basically every country in Europe. (If you use PPP, the picture slightly changes, but the point remains: our poorest, shittiest state is richer than England, France and Germany.)
Tell me you’ve never left your zip code without telling me you never left your zip code.
Posted on 12/8/25 at 3:53 pm to ClemsonKitten
quote:I go off real numbers, not muh hometown anecdotes.
Tell me you’ve never left your zip code without telling me you never left your zip code.
Posted on 12/8/25 at 3:55 pm to Big Scrub TX
The vast majority of children of boomers will not have a meaningful inheritance
Posted on 12/8/25 at 3:58 pm to Big Scrub TX
quote:
I go off real numbers, not muh hometown anecdotes.
In the case of what you said, an anecdote would be more relevant
This post was edited on 12/8/25 at 4:00 pm
Posted on 12/8/25 at 3:59 pm to GreatLakesTiger24
quote:
The vast majority of children of boomers will not have a meaningful inheritance
Posters here think because a few rich dudes worth about a trillion combined are about to die, the entire economy is about to receive a golden parachute
Posted on 12/8/25 at 4:14 pm to iwyLSUiwy
quote:
How many kids you got baw?
Cuatro. Don't recommend it.
Posted on 12/8/25 at 4:22 pm to T1gerNate
Man that is tough. It's just me and the Mrs. so ours isn't too terribly bad but I feel for you, that is criminal.
Posted on 12/8/25 at 4:26 pm to T1gerNate
quote:
The thing that is just KILLIN me is health insurance. I’m paying $3,000+ a month for health insurance for my family with a fricking $12,000 a year deductible. This shite is criminal!!!!!!
That would probably have me rolling the dice. What are the chances you'll have a medical issue this year costing greater than $48k cash? Low? Then why are you paying for it? It's my understanding most doctors and medical facilities have a far lower cash price for those customers paying straight out of pocket.
Posted on 12/8/25 at 4:55 pm to dallastiger55
quote:
Travel board is people debating 14 vs 21 days in Europe and Asia.
The Music board is comparing where you went in the world to see your favorite band and how you had front row seats.
And I’m over here stressing about saving enough for college for my kids and how to buy one a car
Be thankful that TD offers non premium memberships. Imagine how bad it would be if you had to add this to the cost of being a baw?!
Posted on 12/8/25 at 5:10 pm to Mingo Was His NameO
quote:Nah. I only talk in medians. It is true that plenty of boomer heirs will get nothing, but it's not the "vast majority". Median boomer net worth right now is probably ~$400K. Probably at least half will get something, with the median receiving $75-100K.
quote:
The vast majority of children of boomers will not have a meaningful inheritance
Posters here think because a few rich dudes worth about a trillion combined are about to die, the entire economy is about to receive a golden parachute
In any event, Mississippi is richer than France. I'm betting very few people would guess that to be true, offhand (including French people). England is pitifully poor - almost 2nd world in my view.
Posted on 12/8/25 at 5:20 pm to mmmmmbeeer
quote:
What are the chances you'll have a medical issue this year costing greater than $48k cash? Low?
It’s low until it’s not. My wife has had a series of unexpected health issues this year and without insurance, the total of them would be close to $175k.
We’d be fizzzuucccckked if we didn’t have health insurance.
Posted on 12/8/25 at 5:36 pm to Big Scrub TX
quote:
Median boomer net worth right now is probably ~$400K. Probably at least half will get something, with the median receiving $75-100K.
That’s not nearly enough to move the needle in any way from a macro economic perspective. Especially factoring in what we know on how people spend financial windfalls.
Not to mention end of life care will wipe a material number of those people clean. If o was 70 and my net worth was $400k, I’d be worried that my family would be out of pocket to take care of me, much less be worried about how much I was going to be able to leave them
quote:
In any event, Mississippi is richer than France. I'm betting very few people would guess that to be true, offhand (including French people)
Government finances mean meaningfully nothing to people who live there
This post was edited on 12/8/25 at 5:42 pm
Posted on 12/8/25 at 5:44 pm to StringedInstruments
quote:
the total of them would be close to $175k.
The cost is only that high because you have insurance
Posted on 12/8/25 at 5:48 pm to Big Scrub TX
quote:
I go off real numbers, not muh hometown anecdotes.
I’ve never been anywhere in those countries that made an Indian slum look like paradise and had commonly reoccurring boil water notices. At some point, you need to use your head and question the data being presented to you.
Posted on 12/8/25 at 5:49 pm to Mingo Was His NameO
quote:
Posters here think because a few rich dudes worth about a trillion combined are about to die, the entire economy is about to receive a golden parachute
All that matters is if the rich are comfortable
Posted on 12/8/25 at 5:50 pm to ClemsonKitten
quote:
I’ve never been anywhere in those countries that made an Indian slum look like paradise and had commonly reoccurring boil water notices. At some point, you need to use your head and question the data being presented to you.
It’s truly an idiotic comparison in practice. The government’s between the two countries operate completely differently
Posted on 12/8/25 at 6:44 pm to Howyouluhdat
quote:I wish they'd publish their cash only rates.
The cost is only that high because you have insurance
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