Reply to People with $5M+ NW, why do you still choose to work?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I quit my teaching job when we hit $5m.  I just couldn't put in another 5 years.  We pay out of pocket for insurance for 3, while my DH is on Medicare.  [/quote]

Your DH is old enough for medicare and you still have TWO kids on your health insurance?? Wow. [/quote]
Can't kids be on health insurance until 26 or something? When can you get Medicare? 62? 65? It doesn't seem that bad to me. [/quote]

65. And yes, 26. So youngest age is 39 to become that parent.

It's not too bad for a man, but is a pretty bad idea for a woman. 
[/quote]

whatever. i had my kid at 47. it's fine. happier to have had them late than not at all. we're only at $3M liquid net, so will probably work for another decade or so.[/quote]

Except having a kid at age 47 means a significantly higher chance of health issues for the kid.  Anything over 35 means an increased risk, but over 40 is much higher.  So yeah, it's not really the best idea to have a kid at 40+[/quote]

Despite anyones feelings on it, it is decidedly and scientifically a terrible idea. Women's bodies are entering menopause at those ages. You dont have the biological ability to give the needed energy to raising young children. It is a choice you can make, but the downsides should be loudly communicated. And financial and corporate institutions should discourage it (or at least not encourage it).  Medicaid age adults should not have dependents that need Healthcare coverage.[/quote]

You clearly speak from a position of ignorance/intent to troll.

Medicaid is income is need based and Medicare is a benefit you earn for use as you age.

The rest is just one big MYOB.

Someone asked a question, people answered with their reasons and were attacked as not good enough by an unknown metric.

I love a productive conversation, this antagonistic BS not so much.[/quote]

Actually, when someone has a kid at 40+, said kid has developmental issues and disabilities, it is everyone's business, because it is our tax dollars that are required to help fund care for that kid.  
And yes statistically someone who has a baby at 40+ has a significantly higher risk of having a variety of those issues and for those issues to be more severe in the kid.  We don't live in a vacuum, society has to pay for all of these ideas.  So perhaps it is time to realize, not everything that is possible to achieve scientifically is actually a good idea to pursue.  
And yes, having a kid at 43 means you are 67 when they finish college.  Hard to help a kid attend college if you are forced into early retirement and didn't save well

[/quote]

You're getting dangerously close to eugenics. When people with low IQs have children it's also everyone's business by this same calculus so we should test everyone and sterilize stupid people? lol [/quote]

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