United MBCBP details
09-05-2023 | 04:15 AM
#21
Line Holder
Joined: Jun 2015
Posts: 474
Likes: 56
Sadly, the damage has been done. The only alternative is an RBO (religious based organization), plan to live out your days in some small town in a low cost state like Nebraska. Or have lots of kids and hope that one "hits it".
09-05-2023 | 07:41 AM
#22
Gets Weekends Off
Joined: Mar 2006
Posts: 5,213
Likes: 14
From: guppy CA
I was more thinking along the lines of home care or other alternatives.
09-05-2023 | 01:49 PM
#23
Line Holder
Joined: Jan 2022
Posts: 213
Likes: 20
I just looked into Long Term Care which includes home care. It's expensive. For my wife and I...benefits of $250/day each for 3 years (we can borrow from each others if needed) was about 13k/yr. We are 57 and 55. Once you start paying you keep paying. Once you hit 60 you need to qualify health wise to get a policy and it can be hard so 58-59 isn't a bad time to start it. If you do the math and how much you will spend for a policy it should make you reconsider options like building up your RHA, saving up yourself for it etc if you won't have retirement income that easily covers it.
09-06-2023 | 02:21 AM
#25
Gets Weekends Off
Joined: Sep 2022
Posts: 855
Likes: 0
That’s great if you’re 55. I would not want to be 85 and frail and slightly hard of hearing and a little bit slow mentally in another country away from family
09-06-2023 | 03:37 AM
#26
Line Holder
Joined: Mar 2014
Posts: 927
Likes: 110
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