Latest Breaking News
In reply to the discussion: Joe Biden Goes on the Attack in Local Florida Interview: Trump Will 'Wipe Out Social Security' [View all]summer_in_TX
(4,072 posts)If social security and medicare go under, their parents will still need housing and medical care and won't be able to work to provide for themselves any more.
Unless they are inhumane, they'll struggle to care for their parents' financial and other needs themselves.
So the money they hoped to be able to leave to their kids? Forget about it.
The modest savings we like most middle class families were able to accumulate after our kids finally got out of college would never have been enough to pay for my in-law's health costs or nursing care in an Alzheimer's unit for my mother-in-law after her stroke. Fortunately for us, money they'd accumulated plus social security and medicare lasted long enough to keep her well cared for until she passed away.
She couldn't be left alone, so one of us would have had to quit workin got care for her. And she still might have escaped when our attention was diverted. She kept frantically looking for her husband, not able to process that he'd died two years before. It's horrible to think of what life would have been like for her and for us, if we hadn't been able to make that kind of care possible for her.