[Viento]

“For individuals without children or close family, what are your plans for elderly care?

I’m interested in learning how others are approaching this important aspect of future planning.

Are you considering professional care services, assisted living communities, or perhaps relying on friends or social networks?

How are you preparing financially and emotionally for this stage of life?

Any insights or experiences would be greatly appreciated.”

[enn]

Hire someone. Just like the people with kids and family around.
I always find it interesting when people assume their kids are going to take care of them.

Some will, some won’t.

Better have a plan to pay for it, just in case.

[Alegra]

Statistically, elderly care where you are no longer auto sufficient, lasts about 2 years.

So put away enough money to last 3 years, and spend the rest! Not all family wants or can afford to take care of you.

[Nicole]

Our plan is to buy into a continuing care retirement community (CCRC) when we’re ready to settle into the no-go years.

[Gavina]

Have long term care insurance and live in another low cost of living country

Research what countries covered

[Author]

Posts