Everyone should be stocked up by now! They know what’s coming!
I hate to break it to people, but older people with savings is just what the system wants. That’s so the can take it. I had a elder care attorney tell me 75% of people over 70 will require long term care. Then they take their savings for the nursing home. Leaving nothing left of a lifetime of work. What isn’t taken by the nursing home is taken through Medicaid estate recovery. The older people in your community FSS need to see a elder care attorney for their state to try to protect their assets. I have seen this first hand four times.
There is literally one thing you can do to prepare now: downsize. Learn to live with less now and when this comes crashing down, you will already be accustomed.
Brad, I’ve been saying this for years they want you to work until you drop and if your health gets to the place you can’t you have to fight like H to get social security disability that’s if you don’t die first after working 25 or 30 years. Most people here know someone this has happen to, so everyone do what you can because Brad is giving everyone a heads up on what you can do because every little bit COUNTS!
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