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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]As others have said, the cost of care is exorbitant. My mother in law is paying $15k a month for my father in law’s nursing home (technically a rehab, but he cannot do physical therapy anymore and is just in bed for the past year.) they are Umc but not very rich. [/quote]

OP here. Thanks for mentioning the cost of nursing home care. $15k a month for 2 people would mean $360k a year. It seems like it would take $10m in investments to pay for that. DH also wants both of us, and our parents, to avoid nursing homes but instead have in-home care. Who knows how much that would run.[/quote]

Find a top notch CCRC and enter while still healthy enough (ideally by 75).  Sure you pay $300-500K+ in entry fees, but that covers your nursing/memory/assisted living care when you need it.  Good ones mean if you "run out of money/investments" you don't owe anything else---they cannot touch your SS, only your other investments.  
My parents are in one, and there are currently 4 people (all widowed women) who are late 90s/over 100 who "have run out of $".  They no longer pay anything.  Two are still in independent living, the others are in higher level care.  
My parents pay their $7K/month for their apartment and that covers 1-2 meals per day and all utilities/cable/etc.  All they pay is renters insurance.   
Should they need advanced care, all we pay more is for the full 3 meals a day (so extra $300/month/person).  
[/quote]

At 75?  You want me to move to a facility at 75?  I plan to still be getting the Epic pass at 75.  Maybe I won't be able to do that, but I am certainly not going to plan to move to a CCRC at that age.  WTF?  [/quote
[b]
My thoughts exactly.  Just went to my condo's HOA meeting and chatted with my 89 year old neighbor who still teaches ski lessons for fun.  I plan to be like her!  [/b]I also plan to be the person who had renewed their Epic pass for the most number of years, i.e., I'll be healthy until I die and hopefully I'll die quickly.  Definitely don't want to be my MIL who needs care for 25+ years, wears diapers and cannot feed herself.[/quote]

I mean, we would all love to be like your neighbor, but you do understand that she is an outlier. Biden was also planning to be mentally sharp in his 80s, but no doctor and no magic could make it happen. Statistically speaking, if you are a man, you’ll be dead by 89 and not skiing. [/quote]

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