why is health insurance, time off, retirement/savings plan so important?

Public Comments

1. Because we live in a civilized society. Health cost are high and would you want to work with no time off! Retirement savings are for your future, Social Security will not provide you with the necessary income to live in the future.
2. "Make hay while the sun shines" Watch an ant in summer they tirelessly work to save food for winter, why do they do it, basically they dont want to starve to death. In the same way humans have plans such as health insurance, savings, time off and so on. So that they can relax in the old age or even retire at early age if the planning is perfect and still enjoy the financial freedom. They dont need to depend on others, it may be their kids, or governments dole outs. Remember the formula of compounding, for example work out on an excel sheet doubling the amount of a penny starting on first day and see what happens. The sum on 30th day is mind boggling. So it is imperative that we need to take our health insurance, time off, retirement, saving plan important. Every one understand the langauge of money and when you have it in any form you gain respect of the society. your self esteem is boosted and you walk on earth with confidence.
3. I didn't think it was important, and never paid any attention to it. This month I turn 60. Here are my prospects: no insurance to take care of my increasingly important medical conditions like diabetes and heart disease, no comp time built up so that I can merge it with sick time to increase my allowable time off, and no retirement (other than Social Security) for when I retire. I am faced with trying to keep a job until the day I die. I cannot think about retiring. And I desperately hope I can stay well enough to keep that job. If I can't, I'll be eating cat food to stay alive. And I won't be able to afford the medicine I need. So, there ya have it. If you are young look for a job with really good benefits and take advantage of them. Like good sick leave policy. Like good comp time policy. Like a high match for a 401K or other retirement plan. If you plan like that, then when you are my age, you won't have the worries I have.
4. so you don't die when you get sick.so you have a place to live when you no longer work/can work................so you don't go nuts working all the time.................
5. They're all financial tools . . . even the time off. Financial tools are important, if you want to accumulate, or even maintain, personal wealth.