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Dying before your child reaches adulthood? Leaving a young family with diminished assets because your chronic medical conditions suck all the resources? Leavin
by wombatpm 3y ago
Dying before your child reaches adulthood? Leaving a young family with diminished assets because your chronic medical conditions suck all the resources? Leaving your younger wife with the burden of raising a child in diapers while dealing with a husband in diapers? I imagine there are many more.
- deleted 3y ago[deleted]
- CPLX 3y agoThe first one maybe. But older people tend to have a LOT more money than younger people so not sure what you’re talking about there.
- wombatpm 3y agoDialysis 3 days a week runs 71k per month. Depending on you Medicare supplement plan that can you between 200 and 20000 a month. Older people may have more money, but the medical industrial complex will try and extract as much as possible. But say you end up with Parkinson’s or Alzheimer’s and need to be placed in a facility. That will easily run you 13k a month. The MIC can keep you alive a lot longer than you can afford to pay for it. And you cannot just give it away to family members, because there are claw back provisions. And they don’t care if you are trying to leave a college fund for you child.