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Money and Finances
Reply to "Ivy League grad, still renting an apt. age 70"
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[quote=Anonymous]OP, there are quite a few people like you, for example immigrant parents who came via family reunification. Many settled in NY and CA as their public assistance is most generous. Their kids are well off and manage their affairs and help them financially if needed, but that’s not needed often as they have subsidized apartments, receive SSI and in-home support services (get allocated a number of hours, their kids take the money and either care for them or hire someone else for less money or reallocate the hours). They have nothing to wish for, and often leave significant savings to their kids. Sometimes it’s better not to have anything on paper but have relatives who can help you out. [/quote]
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