Tell me about it, Government controlled ins doesn’t cover things like Lasix for fixing badly done cataract implants, dental, hearing, or vision like glasses. And NONE of it is cheap. Those medicines they put you on destroy your vision, and teeth. Thousands of $$ for dental work, cheaper to buy dentures than treat receding gums and 2 molar implants. 9 lower teeth left. With autoimmune diseases no guarantee grafts of implants will take. Besides I’m a Tightwad Scot and want value for what I buy.
I am also a scot tightwad but I have figured out that they will get it all before I go. Anyone who thought they would get a big inheritance are going to be very disappointed! One word of advice to all of the people that think they are rich because of that idiotic 401K Statement - you not only have to pay taxes on it, if it is in stock, you have to pay capital gains on it. So if your statment say you have $1 million, you don’t. You share it with the government and are lucky to get half of it. your medical expenses go up. Our out of pocket expenses are about $25K per year now since my wife is not on Medicare, and even if you are, the part the government does not pay has an incredible deductible on it. I would budget differently now - I would assume that I would likely be able to keep a third of it and not cash any of the 401K unless I absolutely had to.