This of course hinges on my parents and uncle staying reasonably healthy and financially secure, if they end up as vegetables with a nursing home draining all of their assets or decide to blow all of their wealth in Vegas or something the whole plan could kind of fall apart.
I’m a Gen X with Gen Z kids and this is literally the kind of thing that keeps me up at night. I don’t want to go through a long and costly retirement. My mom got dementia. My dad lived to be a hundred. Either of those outcomes fills me with dread that there is no way I have saved anywhere near enough to make that work. At least I don’t see myself doing the Vegas thing, unless it’s a side-effect of the dementia?
I’m a Gen X with Gen Z kids and this is literally the kind of thing that keeps me up at night. I don’t want to go through a long and costly retirement. My mom got dementia. My dad lived to be a hundred. Either of those outcomes fills me with dread that there is no way I have saved anywhere near enough to make that work. At least I don’t see myself doing the Vegas thing, unless it’s a side-effect of the dementia?