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Reply to "Working well into your 70s because you can’t afford to retire. "
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[quote=Anonymous]It's not uncommon for people who have pensions, retirement and savings to have something happen to them or their family that wipes their savings. For example, relative needing long term care, the person being diagnosed with a terminal illness that costs $$ to treat. My mother has great insurance but when she had to go to daily radiation treatments, the co pay was still $50. $50 daily (5 days a week) x 8 weeks is a lot of money ($2K over the course of 8 wks)when you are only getting paid a fraction of your salary while on disability leave. [/quote]
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