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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]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] 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. You don't want to be old and poor and have to go to a [b]medicare paid for facility[/b] - not the kind of place to live out your golden yrs.[/quote] There is no such thing. Medicare doesn't pay for nursing homes. MediCAID does, not not Medicare.[/quote]
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