For all the shit everybody gives Boomers, I’m pretty sure the majority of them are also poor and working class. There’s just a lot more wealth at the top, or the “top” is bigger.
I think it’s more about the stereotypical Boomer attitude than their wealth. The whole “I worked hard at the gas station and saved up and bought my house in 1974 for $20,000, so I don’t see why all of you younger people are having such a hard time” thing.
Like I said, stereotypical, but it transcends economic status.
Even many poor, working class people of that age own their homes after all.
The other half of it is, the older generations tend heavily towards being Republicans. So even if they aren’t rich, they’re still voting for this.
Everyone is one stroke or TBI away from being a MAGAt
Even many poor, working class people of that age own their homes after all.
It’s not JUST that houses were cheaper. It’s also that they’ve had the >= 30 years of working to pay off their mortgage.
It’s culture war to distract us from the class war.
ding, ding, ding! This!
This is just another culture war to distract everyone from the class war.
Even though I’d pointed out the same about another article, I was triggered by this one and you brought me back around. Thanks!
Why should illness block your retirement? Healthcare is a human right.
Maybe they should have voted for universal healthcare.
I met one the other day, she apologized for wearing a mask at work, but her immune system was vulnerable because of chemo.
Why the fuck would someone apologize for wearing a mask? What a dumb world we live in.
The piss poor US healthcare system is the number cause of personal bankruptcy. I do not know of any prominent US politicians that wants to extinguish the massive dumpster fire. If you voted for Putin’s Sock Puppet, the GOP and Project 2025, I have zero sympathy for your asses. Your fucking grocery prices somewhat valid, but none of you MAGAt fuckers mentioned the rising cost of healthcare which outpaces everything in the USA.
Having trouble feeling super compassionate. An abundance of luck and good market circumstances combined with a once in a lifetime fluke led to my ownership of a house. I have no illusions that I’ll ever actually be able to really retire.
My friends aren’t as lucky. Their rent is more than double my mortgage. They’re going to be working till death for sure.
It’s okay though, we’ve gotta do something to support those quarterly profits, right?
Capitalism working wonderfully
As intended. Have to suck these people dry before they die. Would be a shame if they had inheritance money to give back to their family.
Unfortunately the bankruptcy rate for cancer survivors after 2 years jumps to around half.
…in America.
Not if they do the funniest thing.
turn into a pickle?
It’s almost impossible to retire.
Say 1.5 million in retirement savings earning 5% making $75,000 year.
According to AARP the average cost of cancer treatment is $150k, so some is less, some is more. Hope you get the “less” side, but if not…
There goes all your income. Unless you start withdrawing the principal. If you do, and survive, now your income is reduced.
$1.5 million, looking at the American financial landscape, is not a number most Americans are going to have when they reach retirement age.
Good
Why? Fucking idiots.
All they gotta do is simply not pay and ignore the debt collectors. They’re Boomers, which means that they already own a house and paid off their car. What do they need a good credit score for? They already won at life.
Seriously, just ignore medical debt. I do it all the time. Hospitals can’t deny treatment if you don’t pay.
Are you sure that includes oncology? I thought it was just emergency rooms.
Correct
As a millennial that went bankrupt and lost their house because of medical bills I have to ask. First time?
I’m going to go to the doctor for the first time in 20 years in 2025. Am frightened.
It’s why I didn’t go for 15. I didn’t want a “preexisting condition”
Don’t ya see? It wasn’t a problem until it affected them personally. “Something, something avocado toast.”
Pre-ACA it was even worse. Watch Michael Moore’s documentary “Sicko”.
Fair point, but don’t forget that the culture war is here to distract us from the class war.
Even with insurance, medical payments were hundreds of thousands of dollars each month.
Jesus. My father died of lymphoma after fighting it for 8 years or so, and he was miserable for a lot of that time. Luckily (if you can call it that), he was a military veteran and the VA took care of the treatment, but even with the treatment, his quality of life wasn’t good. If I get cancer, I’d rather just kill myself before it reaches that point than bankrupt my family. It’s pretty fucked that that’s something we have to think about.
he was a military veteran and the VA took care of the treatment
Project 2025 is putting an end to that.
Ahh but that’s why they sell you life insurance, so you won’t kill yourself and the family can use the payout to pay off your medical debt. Maybe. Ain’t capitalism grand?
There’s usually a clause for that kind of death and it only doesn’t pay out for like 2 years usually. I’d get a lawyer to look to be sure
Many life insurance policies simply do not pay out in the case of suicide.
In the sense that insurance companies often do anything they can to weasel out of a payment, I agree with you completely.
Many have provisions for that cause of death not qualifying that expire after two years, and sometimes they have a provision to pay a reduced amount or a clause where if you change the policy the two years resets.
I have a sibling that works in a relevant area of law to this, so I haven’t researched it extensively I just take them at their word because they have worked on cases where this is relevant (people who are terminal ending their own lives medically).
Hypothetically speaking, what if you’re killed by a cop?
No need for hypotheticals. There have been several documented cases of insurance denying payouts to victims of “suicide-by-cop”:
https://www.cbsnews.com/miami/news/life-insurance-rejected-in-suicide-by-cop/
I think there are some that have clauses about dying during the commission of a crime.
If only there were some system in the world that could prevent this type of monetary sadness.
Slavery!
You’ll never worry about money again!
