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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Witnessing elderly people forced to live and die in pathetic conditions because they have no money is strong motivation to save as aggressively as possible.[/quote]

Even prudent savers nest eggs can be quickly wiped out by the insane cost of assisted living.[/quote]

In many cases whether you saved or not you will end up on Medicaid. It may be better to spend now on fun stuff or give the money wear when you retire and let Medicaid pay for home nursing care than to bankrupt yourself paying for it. Just be sure to live in a state with a good Medicaid program.[/quote]

Have you been inside one of those places? Holy shit, I used to volunteer at hospice and those places are horrifying and thr people working there give zero fucks. [/quote]

I have been in one - my grandparents were in a very good nursing home paid by medicaid with a good staff, lovely grounds and original Picasso's on the wall (sketches, not Guernica or anything). The place where they had problems was a fancy, private pay assisted living facility that had less gov't oversight because the gov't wasn't paying the bills.  I do think you have to choose the state you live in and the facility carefully though.[/quote]

I'm a nurse and I can assure you that your grandparents experience is not the norm. Thr poster is correct, those places are awful, abuses rampant, and many workers are on worker programs and much is stolen from the residents. Not pc, but true.[/quote]

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