Eric Takabayashi wrote:
> Kevin Gowen wrote:
>
>> Eric Takabayashi wrote:
>>> Kevin Gowen wrote:
>
>>> Would you tell your wife
>>> ahead of your premature death,
>>
>> How would I be able to do such a thing?
>
> You could tell her now.

What would be the point? She wouldn't be eligible to collect anything.

>> I have no idea when I will die. I
>> don't even know what "premature death" means.
>
> Before you are 65 or receive Social Security.

I was born after 1960, so I am not eligible until my 67th birthday.

>> Whenever I do die, though, my
>> wife will get money because of something I like to call a "life
>> insurance policy".
>
> One of my policies gives the wife 50 million yen if I die in an
> accident, but only one third of that if I die of natural causes. I
> get maybe four million if my wife dies. Maybe 400,000 if one of the
> kids dies. I also believe the policy value goes down as I age.

That makes sense. I don't understand why you are telling me the values of
your policy, though.

> I hope I die in an accident, but a quick one.

You could arrange that.

>> Still not sure of your point, but I would not tell her to turn down
>> such money. I don't see how they would be eligible for such money,
>> though. It all depends on when I would die.
>
> That's right. You could die before you pay in premiums or taxes what
> you or your family would receive, and thus incur a public debt,
> through no fault of your own.

Dead people can't incur debts.

>>> I am referring to the people who don't have the money to take care
>>> of themselves after they retire or lose their jobs.
>>
>> I wonder whose fault that is.
>
> Not always theirs.

Yes, it is.

-- 
Kevin Gowen