Financial independence?
How many investment bloggers got it practically right?
Many of them has failed to recognize this and THIS itself will screw up your withdrawal plan in big way?
Where is your money for SOME upfront payment?
Read? healthcare insurance
Quote : "At best, if you have private healthcare insurance and intend to make use of the private hospitals or approved clinics, you should view your insurance plan as a reimbursement plan.... you have to pay upfront first and your insurance company hopefully will pay you back ( yes, there will be clauses in your insurance plan to allow them the flexibility of reviewing all charges before paying you back). Payback time is also up to the insurance company."
Why Uncle8888 used Three Taps Solution model as sustainable retirement income for life even he has medical insurance coverage?
Cash is King!
Get it?
Financial independence is passive income > living expenses and safe withdrawal rate e.g. 3% or 4% and investment return beating inflationary rate?
Chun bo?
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Many may like to think once they have private medical shield they can enjoy private medical care and have the MONEY to cover them. This blog post may be a wake up call to some of them. Where is the cash for payment?
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