Quote:
Originally Posted by Sil_liS
I wasn't talking about moving far away. I was talking about moving to a cheaper place in the same city.
I thought that the healthcare and the retirement plan are part of the Social Security tax.
|
Social security and healthcare don't start until about 65 (medicare). The new healthcare means that it will be possible (and required) to buy health insurance. It does not mean people can afford it. And they still have to pay for the actual insurance (price is yet to be determined. Even if some have it for free it won't change the day to day expenses.)
Social security pays a percentage of what you made during earning years. It's not a pension--it's a very small amount most of the time. Making or counting on retirement via social security would be difficult if not suicidal. (It is done, but it's not a good thing. They live well within the poverty level.)