Reply to UK, Italy, France quality decline, now poorer than all 50 states

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’d rather live in any of those places than here. The universal healthcare alone would be a relief. [/quote]

Exactly. [/quote]

a relief from what, available heatlhcare and quality? Yes it may be expensive but remember we make like twice the amount of europe and its doesn't cost as much comapred to the taxes on income. [/quote]
? The amount we pay in premiums + deductible is about $20K for a family of 3 in the US.

I guess we need to make more to pay for the outrageous healthcare and college costs.

Our UMC friends in the UK don't have to worry about paying for health care costs or college that much. Sure, we may have more than them, but we worry more about paying for medical care. [b]They are able to retire early and not worry about health insurance.[/b]  We are forced to work longer just for the health insurance.

We're seriously thinking of living there for a few years before I qualify for medicare (spouse is a dual citizen).   ACA premiums for a 60 yr old hdp is about $1000/month.

We did a cost comparison with our friends in the UK, and we pay a lot more than they do overall.

Our UK tax bracket would be 20%. There is no joint filing in the UK.

So, if each of us have an income of $65k (ish), we each get taxed 20% (13K).  That tax amount (13k) ends up being lower than the expected healthcare costs of a 60 yr old person in the US.

So, yes, the UK is cheaper when you factor in how expensive healthcare is in the US.[/quote]

Are they British upper class or aristocrats?  I ask because it’s highly uncommon to retire early in European countries. The system isn’t designed for that. The tax system makes it incredibly difficult to build your own wealth and investments. When I explained to a European friend I’d likely stop working at 50 she couldn’t understand the concept and that no, age 50 isn’t when everyone retires.

[/quote]

NP-Exactly. The age of retirement is mandated by the government in some countries (not sure about UK but France is). And there was huge uproar about rising that age even further.[/quote]

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