One bit of information that might help would be to see what sort of annuity you could buy with the lump sum payment and see how that compares with the proposed monthly payout
Peer relationships are incredibly important. It is probably easier for the young adult to get involved with a high achieving group at more selective school. Avoiding the slacker group that is there for the social life only.
I would let father and son figure out how to finance college. I believe they both have to have a little skin in the game. You can always have student loans paid off later if he does well and finishes.
I take a distribution every With the IRMA inflated Medicare premiums and the high cost dental/medical costs with aging this provides a nice Xmas "bonus". It's a great investment vehicle - altho at death any remaining balance is fully taxable. Another reason to use it up before you are.
I share some of your concern regarding third party contractors. However it is very difficult for any government agent to deny a service to a voter in the next election. Some checkrein is needed to be certain that legitimate and necessary procedures can continue to be provided - and at a fair reimbursement rate. I fear the medicare rates for providers are already causing many younger physicians in training to opt out of specialties with a high geriatric population
Thanks for your post. I would be interested in hearing more about your help from Vanguard with estate planning and incapacitation issues in the future.
I agree that many surgeries can be avoided. The old financial adage "don't just do something - stand there" can apply to medicine as well as finance. Patience and educating ones self prior to proceeding with any surgical endeavor is necessary. I would caution against the notion that surgeons are out to maximize profit from your care. Money does not make up for the pain experienced by both the patient and surgeon when things go wrong. It also is important for the surgeon to be compensated for his work. A system that rewards you for NOT providing care has dangers all its own.
Comments
One bit of information that might help would be to see what sort of annuity you could buy with the lump sum payment and see how that compares with the proposed monthly payout
Post: Lump sum Vs Monthly Payment – Which pension option is better?
Link to comment from December 30, 2025
Peer relationships are incredibly important. It is probably easier for the young adult to get involved with a high achieving group at more selective school. Avoiding the slacker group that is there for the social life only.
Post: $92,000 a year is quite an investment. The ROI is real, but maybe not.
Link to comment from December 14, 2025
I would let father and son figure out how to finance college. I believe they both have to have a little skin in the game. You can always have student loans paid off later if he does well and finishes.
Post: $92,000 a year is quite an investment. The ROI is real, but maybe not.
Link to comment from December 11, 2025
I take a distribution every With the IRMA inflated Medicare premiums and the high cost dental/medical costs with aging this provides a nice Xmas "bonus". It's a great investment vehicle - altho at death any remaining balance is fully taxable. Another reason to use it up before you are.
Post: HSA Proposal
Link to comment from November 29, 2025
I share some of your concern regarding third party contractors. However it is very difficult for any government agent to deny a service to a voter in the next election. Some checkrein is needed to be certain that legitimate and necessary procedures can continue to be provided - and at a fair reimbursement rate. I fear the medicare rates for providers are already causing many younger physicians in training to opt out of specialties with a high geriatric population
Post: A major Medicare benefit just vanished
Link to comment from July 7, 2025
Thanks for your post. I would be interested in hearing more about your help from Vanguard with estate planning and incapacitation issues in the future.
Post: Going It Alone
Link to comment from June 19, 2025
Doing "Knotwords" on a daily basis
Post: Building Connections
Link to comment from April 22, 2025
I agree that many surgeries can be avoided. The old financial adage "don't just do something - stand there" can apply to medicine as well as finance. Patience and educating ones self prior to proceeding with any surgical endeavor is necessary. I would caution against the notion that surgeons are out to maximize profit from your care. Money does not make up for the pain experienced by both the patient and surgeon when things go wrong. It also is important for the surgeon to be compensated for his work. A system that rewards you for NOT providing care has dangers all its own.
Post: Screw politics, let’s talk health. Are all surgeries necessary or have we become the college tuition bank for the doctor’s children?
Link to comment from April 17, 2025
Running is a great antidepressant. Enjoy as long as physically able
Post: The Comeback
Link to comment from April 10, 2025
Plus taxes on interest if in a taxable account
Post: The bond market
Link to comment from April 10, 2025