This. I end up paying as much for child care as I do to maintain two decent apartments in different cities.
I've actually had talks with some docs about partnering up to organize these as a full service deal, including everything from the planning of the communities and healthcare to elder care and legal obligations up here.
Embrace change. Plus you do not need a passport to go to most Latin American countries, you just would not be able to comeback
They'll still be needed to decide the fates of younger people who get sick. Say a 45 y/o is diagnosed with stage 4 cancer. Does he receive treatment, or is he assigned to the Soylent Green Processing Hospice?
Well Florida and Arizona are already dumping grounds, I am just saying send them a little bit more South. Maybe if Social Security runs out, for now you old people can relax at the Cabo San Lucas Retirement community. http://community.traveling4health.com/destinations/cabo-san-lucas-mexico But you do want to make sure you have a passport.
c'mon john that looks horrible, i know you have more taste than that. or maybe... that's it! you've found all capone's REAL secret vault!
I propose reducing social security payments, especially for the working class. Keep it the same for upper middle class and the wealthy. And eliminate the unfair double whammy for small business owners,independent contractors and free lancers. Also limit benefits for the wealthy (on a scale), and eliminate them completely for the extremely wealthy. There's my position, superdave. Now we can start negotiating.
They've been good to me so far. Barring a huge meltdown of the financial sector I think I'll be all right. Maybe, to avoid the latter risk, after age 55 we could give people the option of moving their IRAs and 401Ks to a "lockbox" (to borrow from Al Gore) where they can be ultra safe. So we can choose to move part or all of our nest egg to these insured safe accounts when we deem the market is high, and then we'd avoid the extra risk for their last few years before retirement. This might have the added advantage of helping limit the market from going on a crazy upward spree -which tends to result in later instability- because geezers near retirement will lock in their profit when it starts getting out of control.
Of course you can do it. But the superdaves of the world would be happier if they can do it through the government. Maybe they'll sleep better that way.
I once had a business dinner at a place that looked like that, might have even been that. You know, the Mediterranean at sunset in mid-summer, with the palace glowing, the water shining, and the Burgundy flowing, there are worse places to be. I thought it closer to the ideal afterlife than being on Mt. Olympus with ambrosia. Not sure if it beats having all those virgins, but that's another story.
If the money-market funds that are in every 401(k) plan (well, most) are not safe, I'm not sure what would be. Gold and guns, I suppose. Anyway, we're in a world of hurt if it comes to that.
Superdave would be happier if I was directing his 401k. But then he is smarter than you and I by 10 fold.