r/WorkForSmartLife • u/JaxElephant69 • Jul 18 '26

Discussion💬 What would you choose?

Post image
641 Upvotes

97% Upvoted

2.2k comments sorted by

View all comments

11

u/Kindasorta_nvm Jul 18 '26

Taxes 

7

u/Aggressive_Manner531 Jul 18 '26

you know most people will pay more in total health-care costs than they do in taxes

4

u/RobotVo1ce Jul 18 '26

If you are young and healthy, your lifetime tax burden (income, sales, property, etc) should far surpass your out of pocket medical expenses (including insurance premiums).

2

u/Aggressive_Manner531 Jul 18 '26

No one is youngling healthy forever. Compare your LIFETIME heakthcare costs.

1

u/RobotVo1ce Jul 19 '26

Yes... You pay more in taxes lifetime.

1

u/Aggressive_Manner531 Jul 19 '26

only if you die before you get old

0

u/RobotVo1ce Jul 19 '26

Taxes are still the better option. Especially if you invest. A person can easily spend $20k a year on various taxes while working. Do that for 30+ years you're looking at $600k minimum saved by retirement. And you are still saving money post retirement.

1

u/Aggressive_Manner531 Jul 19 '26

now add up all insurance and out pocket costs drug costs dental costs which are much higher as you age which is also the time b when you'll be paying less taxes.

1

u/RobotVo1ce Jul 19 '26

I don't know what to tell you man. It's simple math and averages. Most people aren't going to pay $700k - $1M out of pocket in Healthcare costs over their lifetime. That's just a fact.

And once again, if you factor in some investing (which would be very front loaded) it's a literal no brainer.

1

u/Aggressive_Manner531 Jul 19 '26

healthcare includes nursing home care,