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FYI for you al in your 50's and early 60's...social security info.
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<blockquote data-quote="hearts and roses" data-source="post: 470011" data-attributes="member: 2211"><p>My mom had to get housing subsidies to afford her apt in PA before we moved her into the nursing home. She was into her 80's by then, but for years she and my dad and then later, she and her second h lived on SS only. I don't know how they did it. Oh wait, I do know, they lived on my sisters land for free and paid $300/year for sisters property taxes! </p><p></p><p>I also do not anticipate there being anything left when and if I ever get to retire. Hopefully there will be a betteer health plan in place by then. Fingers crossed. H and I are sooooo not prepared for anything as of right now. </p><p></p><p>And what I've learned is that even mother in law, who has a very nice monthly income from SS and annuities STILL can't afford assisted living with their rising costs! Aggghhhh. Touring and speaking with one local assisted living community the other day was an eye opener for us. And my mother in law is waaaaay better off financially than my mom was, so I'm sort of wringing my hands over this. Apparently, like you said, DDD, she's paying so much for supplemental medical care (rx coverages for her insulin) that it really bites into her monthly income. </p><p></p><p>It's good that you brought this up as many of us are not that far off from having to think about what comes next and between raising kids and living life, we didn't plan all that well, or, in many cases, simply didn't have the resources available to do so!</p></blockquote><p></p>
[QUOTE="hearts and roses, post: 470011, member: 2211"] My mom had to get housing subsidies to afford her apt in PA before we moved her into the nursing home. She was into her 80's by then, but for years she and my dad and then later, she and her second h lived on SS only. I don't know how they did it. Oh wait, I do know, they lived on my sisters land for free and paid $300/year for sisters property taxes! I also do not anticipate there being anything left when and if I ever get to retire. Hopefully there will be a betteer health plan in place by then. Fingers crossed. H and I are sooooo not prepared for anything as of right now. And what I've learned is that even mother in law, who has a very nice monthly income from SS and annuities STILL can't afford assisted living with their rising costs! Aggghhhh. Touring and speaking with one local assisted living community the other day was an eye opener for us. And my mother in law is waaaaay better off financially than my mom was, so I'm sort of wringing my hands over this. Apparently, like you said, DDD, she's paying so much for supplemental medical care (rx coverages for her insulin) that it really bites into her monthly income. It's good that you brought this up as many of us are not that far off from having to think about what comes next and between raising kids and living life, we didn't plan all that well, or, in many cases, simply didn't have the resources available to do so! [/QUOTE]
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FYI for you al in your 50's and early 60's...social security info.
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