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Reply to "How much do you need for an UMC retirement?"
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[quote=Anonymous][quote=Anonymous]From my parents’ recent experience: too many people do not budget in the astronomical costs of assisted living, nursing homes, memory care, etc. $100k/year could be great for a healthy couple in their 60s, but it won’t cover even half the costs of good care. [/quote] This. I have been dealing with my parents' eldercare, and it is incredibly expensive. So, sure, up until then, their expenses were low. But then they skyrocketed for care. [/quote]
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