Moonglow
Diamond Member
Well, make sure you do it in a Chevrolet...Two of my kids are earning more than dear old dad. Moving in with them is the last thing I'd impose upon them. Would never ask them for a dime. Altho one still owes me $2,500 from about 5 years ago LOL.It's true we all die, and that stuffing your coffin with gold is a fool's errand.
My message was about saving up and investing money for when you're old. When you die you can pass it on. You can also help ensure your costs are covered. Being in the health care field and actually being there and experiencing these things firsthand, I've seen more than a few times clients suffer and struggle because their money runs... out.
If your insurance isn't good, and you require many different medications, you could be in a lot of financial trouble. Home care agencies, physical therapy, hospice, funeral services, occupational therapy, etc are all expensive depending on your situation. I would rather amass someone north of one million dollars than $200,000 for retirement.
You can't use it once you're dead, but you can use it before you die... and pass it along to give your loved ones a better future than you had.
Excellent post. Saving and investing in order to have a self-sufficient retirement should be a part of one's financial lifestyle.
BS you raise kids to earn a good income and move in with them...
I just want a place to stash my crap so I can hit the road and see the USA......
I've had Chevy trucks since the 1970's...