With 70k passive I could retire in Hungary. Just by having $150k in your bank account would give you 5-8 years of runway in Budapest to live a very good life.
The $25k for someone making $50k is a completely bogus number. It’s likely a little less than half that for a family of 4 on a Kasiser healthcare plan according to google.
Kaiser is an exception and is only available on the West coast. And maybe a little bit in VA.
Either way, the point about needing a ton of money for healthcare is valid. It’s a race to get to Medicare age before you get hit with a medical problem.
Edit: Here's the data for nationwide for a 40 year old. Based on the NJ pdf above, you can double the premium to figure out the cost for someone in 50s to 60s.
Edit: I just noticed you were claiming someone earning $50k won't pay $25k in health insurance premiums, which is right. I did not know that premium tax credits only took into account annual income.
Here's a list of all the places Kaiser offers healthcare, and it doesn't apply to most people in the US, so I don't consider it relevant for a discussion about healthcare costs for people in the US as a whole.
With 70k passive I could retire in Hungary. Just by having $150k in your bank account would give you 5-8 years of runway in Budapest to live a very good life.