I agree 100% with Neal about this. The gimme generation is going to banrupt us all.
"I agree 100% with Neal about this. The gimme generation is going to banrupt us all."
I become eligible for Medicare in August (2006) I retired in 2004 due to a very bad back and had to pick up my own insurance. Currently the medical insurance costs us $1900+ per month and my meds (post heart attack/bypass surgery, prostate cancer and severe spinal problems) cost me about $260/month. At this rate, my savings will be gone in less than 8 years. We have NO payments other than monthly purchases, e.g. food, gas, electric...etc.
I hate medicare and all other forms of Govt intervention but I am in the position most my age are that we have no other choice. The typical government "trap".