Avoiding Bankruptcy in Old Age

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q3eolq7uu0 of AK @ Aug 03, 2008 04:32:49 AM

I agree with Daniel

Daniel:

I agree with you 100% percent--voting for political LEADERS who will guarantee that Americans get access to health care really is the only way to truly fix this systemic problem. My suggestion re: having health insurance is only a bandaid to cover a gaping wound.

Deborah Thorne

Deborah Thorne of OH @ Jul 09, 2008 11:27:53 AM

With Payouts, Plans Pay Off

Emily,

Re June23/June30 column. I am having trouble with the Pay Back Example that you high lighted. Did they each pay back $94,556? And by raising their standard of living by 22% did you mean that over the expected life of each of them that they would receive 22% more than they would have without the payback? The numbers that I got (2003?) indicated that a 70 y male has something like 13.4 years left and the wife at 70 can be expected another another 15.6 years of life. And with a rough calculation I saw something greater than 22%, like over 30%. I would really appreciate seeing a couple more sentences of explanation.

And the 73% of Americans who don't have $100,000, may I asked where this number came from?

But Emily, your column is one of the better ones in US News and provides practical useful information. You make me think.

Thank you for your efforts.

Barney

E. E. Barnes of PA @ Jun 25, 2008 08:36:41 AM

Let them eat cake?

"Thorne recommends that seniors make sure they have adequate health insurance"------yeah, right, sure. The best way I know for people to do that is to vote for every Democrat in sight. Because Republicans plan to make you ever more vulnerable to exclusion for pre-existing conditions, and/or to be certain that your age-rated premium in the 50+ bracket is thoroughly unaffordable. Don't believe me? LISTEN to John McCain. LISTEN to what he actually says. Ask about his plan for insuring a pre-existing condition. THERE ISN'T ANY PLAN.

Daniel David of NM @ Jun 24, 2008 17:32:50 PM

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Planning to Retire

Reporter Emily Brandon tells you how to get ready financially for retirement and to make your golden years the best they can be.

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