Damn… Lucky.
Comment on Study: 83% of Americans will have to work into their 70s in order to afford to retire
HubertManne@moist.catsweat.com 3 months ago
My math says I will work till I can't and then will have to accept a lower quality of life for whats left and my wife and I end up on medicaid in a nursing home.
Krauerking@lemy.lol 3 months ago
Drusas@kbin.run 3 months ago
Medicare, probably.
protist@mander.xyz 3 months ago
Medicare only pays for short-term skilled nursing rehabilitation meaning you need something like physical therapy after a major surgery. For long-term care because you’re just unable to take care of yourself, you’d need Medicaid or to pay several thousand/month out of pocket.
Drusas@kbin.run 3 months ago
Ah, my mistake. It is very complicated. Usually, as a rule of thumb, Medicare pays for elderly care and Medicaid pays for poverty care, but there are--as you point out here--exceptions. Rule of thumb doesn't always work so well.
HubertManne@moist.catsweat.com 3 months ago
protist explained the american situation right which unfortunately I have first hand experience with my father.