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[quote=Anonymous]This is a depressing thread.

Instead of OP's frustration, mine is more that middle income people are put in a rough spot.  They have saved enough to not qualify for certain programs, but they still don't have enough for good options.  So their only course of option is to find a mediocre facility and ride it out until their money runs out and hope medicaid then picks up the rest.

Given how much it took to scrimp and save what they did save, it feels like a disappointment that all the sacrifice they made still only gets them to the same place as people who didn't save at all -- a facility covered by medicaid.

But no, the solution isn't to NOT save.  Because then it might be harder to get in the door to that medicaid facility.  At least if you have something saved, you can get in the door.  But I agree that it must be disappointing to realize that is what you sacrificed for all through life.

But I'm inclined to think that part of the problem is expectation.  I think for my parents' generation, there was way too much emphasis put on retirement as the goal of working.  Early retirement.  Retirement and traveling.  RVs.  Retiring to Florida.  et cetera, et cetera.  I listened for years to people pine away for retirement.  Honestly, I think it's better to see retirement as a stage of life, not a goal.  Plan and prepare for it, but don't live for it.[/quote]

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