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Reply to "Help understanding online retirement calculators"
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[quote=Anonymous][quote=Anonymous]You definitely want money left at the end for nursing care. If you have spent it all and you need nursing care, Medicaid doesn’t allow you to keep a 2M house. The limit is around 1.1M. So you would have to sell it to pay for private care. Also, run several different calculators. Firecalc ficalc cfireism are 3 I like.[/quote] Thanks for these calculator recommendations! Re Medicaid, I'm not trying to qualify for it. I'm assuming the house is my piggy bank if I need more money for nursing care, or an asset to leave the kids if I don't. (I'm saying "I" because my husband is significantly older.) [/quote]
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