LogFAQs > #985957740

Rika_Furude posted...

a lot of problems would be solved with universal basic income but not the social/mental health aspect there needs to be a complete societal shift away from valuing people based on their careers or monetary position.

In the United States the biggest hurdle and thing that would solve a lot of issues is free or even very cheap/reasonable health care. Im in a retirement group with about half a million members of people all over the world sharing their stories. The majority are retired but there are some like me right on the cusp of it.

The thing I see ALL THE TIME from people in the U.S. are people that financially are sitting pretty good, want to retire, but lack of affordable medical coverage before 65 on Medicaid is preventing them from doing it. Some still go early and pay out the ass for a couple years but it prevents many from making that move. If there were better options you would see a lot more retire in their 50s than you do.

Its why so many retire overseas. Its not just that cost of living makes their money worth so much more its that specifically medical cost and health care is quite good in some of these other places. No doubt about it the biggest hurdle for potential retirement is medical coverage rather than people being financially unprepared but those people do exist as well sure.