Everybody from millennials forward is fucked. Early retirees boomers make $136k in 2024 and are worried about their healthcare payments being a quarter of their income.

6 comments

1. Two things… first is, almost everyone will be a senior one day. But seniors will never be young again.

   So politically, stories of older people struggling will resonate with more people.

   Second thing… Young adults don’t vote, compared to the way seniors vote. So if you want a society that prioritizes younger adults, those younger adults need to get more involved.

2. That’s the problem with subsidies in general. They weren’t meant to be permanent but people plan long term around them and then are caught in a pinch when the subsidies expire. The point of getting people onto these programs via subsidies is to buy votes and then hope those programs become ‘too big to fail’.

   This is ultimately a rage article regardless.

3. The good news is every other developed country figured out how to get better health outcomes for less money. Their trick is not paying two million people to toil fruitlessly in the private health insurance industry.

4. Is this the system that boomers invented or the system that Silicon Valley and Wall Street got away with?

5. This is what 1/3 of Americans voted for and 1/3 couldn’t be bothered to vote against.

6. My boss is retiring and I’m pretty curious how he’s planning to manage this new level of expense. Realistically, I wonder how much this will impact the longevity of retirement funds?

Comments are closed.