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Reply to "How much do people have saved for retirement?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You need to think about long term care. These unexpected expenses can wipe you out. Don't rely on Medicaid because you could end up in a horrible facility.[/quote] This a hundred times over. My MIL's expenses are 10K a month. My fathers are 25K. DH and I are trying to save a million dollars just to be used for this when our time comes. Not even sure that will be enough but that is the best we can do. [/quote] I'm sorry, but that's not real life if one needs $25k/month just to breathe, with a tube down the throat and mind gone. My former coworkers' family kept their 96 y/o aunt with emphysema stuck in bed for years with an oxygen tank. She was lucid and would beg them to let her go.[/quote]
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