If you're not incredibly rich, you're just temporarily holding all your savings & retirement accounts for the hospitals and nursing homes that'll eventually take all of it. And then some.
Yep the entire end-of-life industry is incentivized to drain all the wealth from the old and terminally ill before they die. That is why my plan is to opt out. DNR, living will, I will not enter a care facility or hospital I'd rather die on my own terms and have my children inherit whatever I have managed to accumulate.
You can file bankruptcy which will protect your retirement accounts. There are other way to protect your assets and money as you get older and risk gets higher.
It should not be this way though because mostly the wealthy take advantage of protecting their assets as it requires some money.