Honestly, I've seen what happens in care homes and hospitals, and have heard enough horror stories.
Unless you're lucky enough to have good kids, who are able to visit often and take care of your interests, the last decade of your life can be utterly horrible and sad.
Yes, that is why I don't have a significant retirement fund. It's all part of my plan. /s
He's not wrong ... I'm retiring in 15 years. Calculated some funds for the first 10 or so... But come 75 I'd be either dead or won some lottery ....
Honestly, I've seen what happens in care homes and hospitals, and have heard enough horror stories.
Unless you're lucky enough to have good kids, who are able to visit often and take care of your interests, the last decade of your life can be utterly horrible and sad.