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Rozlee

(2,529 posts)

35. I know that was hard for you.

Tue Jul 14, 2015, 06:57 PM

Jul 2015

And it's easy to run out of money. I know a family that sold their father's $305,000 home to afford his nursing home bill and went broke after 6 years. It's easy to do with nursing home costs of between 4,500 a month and up. An Alzheimer's patient can live anywhere from two years to ten or more after diagnosis, depending on the aggressiveness of his dementia. Selling a home usually isn't an option if a remaining spouse needs it for a roof over their head.

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Obama Says US Must Step Up Care For Aging Americans [View all] Purveyor Jul 2015 OP

"Raise the cap" - Bernie L0oniX Jul 2015 #1

Absolutely right. They_Live Jul 2015 #3

"Raise the cap" - Elmer Elmer S. E. Dump Jul 2015 #4

Scrap the cap is more like it meow2u3 Jul 2015 #20

+1 n/t Alkene Jul 2015 #32

7 out of 10 Americans will need assisted living in old age, and only a FRACTION of them randys1 Jul 2015 #2

Hear, hear! Rozlee Jul 2015 #7

I gave up everything and moved across the country to care for my mom Novara Jul 2015 #13

I know that was hard for you. Rozlee Jul 2015 #35

Exactly. NO amount of cap raising, savings help, fakey long-term-care insurance, etc., Nay Jul 2015 #8

Nationalize assisted living care-homes. I am not sure what you mean by that? Are you talking jwirr Jul 2015 #9

You cant have for profit involved in anything that is a must have like healthcare or assisted living randys1 Jul 2015 #11

I think the for profit issue is handled here in MN by the fact that the state also regulates the jwirr Jul 2015 #16

I see what you mean, 1,000s of 'for profit' assisted living places open & many will be deathcamps Sunlei Jul 2015 #27

My point is that they will not become that if the state they are in takes responsibility for jwirr Jul 2015 #31

Medicare for all would be great for those who might be caring for older Americans. nt raccoon Jul 2015 #5

Mr President: Stop the unfair trade. nt NCjack Jul 2015 #6

Bingo. He can talk all he wants about the affordability of healthcare but as long as TPP contains jwirr Jul 2015 #10

The need for more not-for-profit elder care homes udbcrzy2 Jul 2015 #12

How about we find a cure for Alzheimer's? mainer Jul 2015 #14

People without Alzheimer's PasadenaTrudy Jul 2015 #24

But you can live with Alzheimer's for many years mainer Jul 2015 #25

True that n/t PasadenaTrudy Jul 2015 #26

And yet he didn't mention raising SS or lifting the cap?!? CharlotteVale Jul 2015 #15

Especially lifting the cap. jwirr Jul 2015 #17

so someone who makes a billion in income gets a guaranteed 50k a month ss check? Sunlei Jul 2015 #29

Lifting the cap does not mean that. Each of us pay a percentage into Social Security from our jwirr Jul 2015 #30

The payouts are based on what you paid in, so lifting the cap would result in $50K monthly payments Recursion Jul 2015 #33

Is that worse than ending social security when we live in a country that has no other way of jwirr Jul 2015 #34

Social Security does not have a problem, so I don't think it needs a solution Recursion Jul 2015 #36

And the increase in baby boomers retirement is not going to have any effect? The kinds of jwirr Jul 2015 #37

The baby boom is why we front-loaded all that debt in the Trust Fund Recursion Jul 2015 #38

Thank you. I assumed that the trust fund was to be left alone regardless. jwirr Jul 2015 #39

This message was self-deleted by its author 1000words Jul 2015 #18

Because when the TPP kicks in, they sure won't be able to afford the medicine. djean111 Jul 2015 #19

Another 640,000 Drop Out of the Labor Force Causing Unemployment Rate Decline jtuck004 Jul 2015 #21

Whatever it will be, it won't involve RICH PEOPLE and CORPORATE PERSONS paying fair effective taxes. valerief Jul 2015 #22

I think a huge catastrophe is looming hollowdweller Jul 2015 #23

Yep. Not enough ice floes for the GOP to put us on. Ilsa Jul 2015 #28