That's the explanation he gave for why you can't get coverage for 125% of your salary!
I totally just heard the Law & Order dun dun in my head.
'The Killer In Me'
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That's the explanation he gave for why you can't get coverage for 125% of your salary!
I totally just heard the Law & Order dun dun in my head.
I just got geriatric home or facility insurance that will turn into life insurance if I do not need it. We are at that age.
I totally just heard the Law & Order dun dun in my head.
Exactly!
We are at that age.
Yeah, true. I was like "But I won't have to pay rent if I get disabled!....Unless in a couple of years my mom actually needs the money. Huh."
I should probably look into something like that, but I think I'll keep being irresponsible for a few more months. Because really being fiscally responsible is going to suck, I'm pretty sure.
Yeah, I'm way behind in retirement savings, which means I should be putting away way more than I am currently doing. I am going to up it some, but not to the point of pain yet.
We have both had long-term care insurance for quite a while. I call it our retirement insurance.
I know a while back my mom's financial advisor told her not to get long-term care insurance because she had the expectation of an inheritance that she could earmark for that. But I don't know the details or if that was actually good advice.
Yeah, true. I was like "But I won't have to pay rent if I get disabled!....Unless in a couple of years my mom actually needs the money. Huh."
Ugh, I should probably look into that. And long term care maybe--I'm guessing it's cheaper if you're younger when you get it?
As a single/no kids, I'm really not worried about long-term care. Medicaid will cover that shit! (In my experience, you can get in the door of a nice place with one month in cash and then get on Medicaid.)
That's good to know!