Senior Healthcare Planning
All to often we see or hear of the horror stories of Medicare or as in California, Medical. We know that costs today are enormous just to put fuel in your car and let alone keep up with the well being of your family needs (food, transportation, insurance, college...) it goes on and on. Thus, senior healthcare planning should be done in your thirties not your foties. There are policies out there that you can invest in now while you can (not for everyone of course) and thus not rely on your 401K to bail you out for a medical emergency. Or worst case lose your home to the bill that comes due. No, there are ways to plan and set aside small amounts today for the unknown of tomorrow. It's funny or perhaps ironic that as you enter your 40's and 50's your parents are in their sixties or beyond and you start to feel a new connection and in some cases that uneasy feeling of wearing their shoes. Taking care of your parents doesn't really sink in right away. Senior healthcare planning is usually reactionary in western cultures. But you know what, in some cultures it is very normal and natural to have whole families living in one house until the children are all married. Even then, considering the high cost of living in most countries we still see whole families making ends meet by allowing their children and thus their children's families all live with them to assist their financial needs. So why is it in cultures like America this is so foreign? As more and more cultures continue to immigrate to America we see this as a common way of life but we still look at it with a strange and perplexed view at times. Maybe they have it right and we are wrong to build our family tree in branches that are constantly disconnected by job, city or state physically? Makes you wonder doesn't it? Caring for your parents if planned early and often can be a wonderful life experience for all. New! CommentsHave your say about what you just read! Leave me a comment in the box below. |
