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by Bender 4 days ago
More power to them. When they eventually pass on most of that will go to their children and/or grandchildren and many of them will very likely spend it all. Those without progeny will likely donate it to charities via their trust and will. Perceived problem solved.

Good on them for saving money as to not become a burden on society when bad things happen and bad things do happen. Insurance companies are quick to find excuses to drop elderly. Stay out of other peoples pockets and mind your own business.

1 comments

As many commenters have pointed out, a lot of that wealth will disappear into the grubby hands of private-equity-owned assisted living facilities and nursing homes.
Yeah that's awful. I can only hope most of those people can afford a full time or live-in nurse. Are we suggesting they should take the Canadian MAID option?
You're being sarcastic when the alternative can be a more reasonable retirement option
Well if we are going the MAID option then along the path of your idea I suggest all the other burdens go with them. Anyone on welfare, SNAP and similar programs, etc... Anyone part of the recent floods into the country that are also on welfare, especially groups that have brought violent tribal blood feuds. All violent felons that are just going to sit in prison and milk the taxes. All the rioters that cause damages to property. Anyone that has not assimilated to the countries culture. Actually I could make a really long list the more I think about it. This should be a blog write-up. Thank-you for inspiring the ideas.
What do you mean by that?

So today you open a savings account, put money there every month of your life, and in 50 years someone takes it away and gives you a more "reasonable option"?