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Reply to "Saving for retirement when you don't plan to retire?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What do you mean you don't plan to retire? Are you just going to die at 65?[/quote] In what world does a person have to either die or stop working at 65? It means I plan on working until I'm dead or close to it. [/quote] You might not have a choice. If you become sick or develop dementia etc, you won't be able to do your job and will need long term care. Alzheimer's patients can live a long time with decreased mental capacity. It's really sad.[/quote] [b]My FIL is 88 and does not remember his own name much less his wife's whom he's been married to for the past 60+ yrs. Luckily he can afford the 20k month assisted living facility he and his wife are living at. It's very nice but still an old age home. [/b] You don't want to be old and poor and have to go to a medicare paid for facility - not the kind of place to live out your golden yrs.[/quote] So he is lucky to be wasting to much money at the time where he has no clue who he is. Interesting.[/quote] If you can think of a better solution, please let me know.[/quote]
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