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Eldercare
Reply to "Aunt never "worked""
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[quote=Anonymous][quote=Anonymous]She was a SAHM and even though she was/is working and saving all day, she never earned a paycheck. They do have savings, home and uncle's 401K but she shared that she worries if somehow they lived beyond their savings, it would be tough to live on just one society security check and not being eligible for medicaid and medicare, highly likely for health issues and taxes to drain their savings so what are her options?[/quote] She should qualify for Medicare based on her husband's work history. Taxes should not drain their savings. But her best plan is to be sure they are living in a paid for house where they can easily age in place, which has low maintenance costs, and to live in a community that has good health care, good transportation, and social services for elderly people.[/quote]
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