I understand that rate scales with service, but I guess the question is more "how do you budget for something you can't schedule"? I doubt I'll live much into my 70s, but what if I end up needing assistance for 10 years, or nursing for 3? How do you budget for such? I know we'd all like to spend the morning on the back nine and then slip painlessly away recuperating on the Lanai, beer in hand. But is that all we "plan" for and then just hope it works out? Or do we worry that the pile is never big enough to cover every contingency and therefore never retire? What are you planning for and are you prepared for it?
|