Reply to If we moved somewhere cheaper, could we live off principle?

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[quote=Anonymous][quote]Um, how many old people have you cared for? All the old people in my family except for my grandfather required years of expensive nursing in their old age (could not go to bathroom by themselves, dementia, etc). How do you see your elderly years going?[/quote]

None.  Everyone in my family was relatively healthy until they died. My mom is the only one left, and I expect her to live for a VERY long time.  She's only 58, and I can imagine she will be around for another 30 years +. She has LTC insurance.

[quote]Planning on it does not mean it'll happen. You can end up in a Medicaid nursing home or a $10k/month assisted living facility/resort depending on your resources. Most people end up at one way before the hospital being resuscitated.[/quote]

I'm not willing to waste all the time I have on this earth working. I will plan for the future and build in some extra as a cushion, but I will not bother trying to save up so much money that I can spend ten years in a retirement resort.  If I can, great.  If not, I'll join the PP who plans on going out in a heroin induced blaze of glory.  Either way, I will have very much enjoyed life.[/quote]

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