Tuesday, October 11, 2011

Biggest Worry

Quesiton: Deep down, what is your biggest worry?

Response: That someday I could become unexpectedly physically incapable, and my savings won't be enough to cover my healthcare costs. I really believe that we can weather all other contingencies. For now, we have a high deductible health insurance. But healthcare costs are where we are rolling the dice.

4 comments:

Mike said...

A big worry for us all. I have a wife with less than perfect health who I will have to one day look after. We live in a country with socialised medicine but still, I will have the funds to stay home and take care of her but what if something else (market meltdown, government theft) leads me to having to work again ? Thoughts such as these can keep you up at night but I would assume you've been retired long enough now to know it was worth it ?

Ram said...

Hey Mike,

You ask, was it worth it? I will probably do a full post about this, but here's my quick response.

My sabbatical from corporate life has now been for over 3 years. The first two years I didn't do any work as such. I wanted to spend time with my parents in India which I did.

For the last one year, I have been taking up sporadic consulting assignments. The motivation was to start doing something productive/constructive. (It pays just enough to cover most of my expenses.)

These days, I am no longer militantly opposed to a job if the problems are interesting.

Also, when I say that it has been worth it, it should be viewed in light of the fact that I have not yet had any medical catastrophes.

Thomas Watson said...

One of the signs that you are ready to resign is if you have reliable health insurance coverage

harada57 said...

thanks

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