Retirement in America is a disaster for many.

[iamwhatiseem]

If they can retire then they have no duty to keep working. But bye. There's always new workers ready

Who said anything about Duty?
50 is too young to retire, that is just silly. In any workforce, people in their 50s are the leaders, teachers and benefit the system immensely.
60 - now you are beginning to make sense. Especially in jobs that are physical.

 

[AzogtheDefiler]

Sounds good to me, that's also what the fed likes.

Something else the fed likes is the Personal Consumption Expenditures: Chain-type Price Index (PCEPI) for measuring inflation. Right now the PCE is at 2.7 year over year while the CPI (what everyone else uses) is higher. My prob atm is I'm getting one story from the fed & another from some other source that says they're quoting the fed.

Either one has a glitch or i need my second cup of coffee...

Problem is in aggregate it’s 20% since 2001 not 8%

 

[expat_panama]

People don't report for work to help the economy.

People report to work so they can get paid. They get paid to produce goods or services, and the amount of production is what we measure to know the strength of an economy.

 

[expat_panama]

Problem is in aggregate it’s 20% since 2001 not 8%

You lost me.

 

[AzogtheDefiler]

You lost me.

2021


Typo

 

[boedicca]

Most people would be fine for retirement if the money they contributed to Social Security (including employers' share) were invested in their own private retirement accounts. Welfare for people who don't have money should come out of the general fund and have a limited budget. Instead, we have a growing government dependency class that we cannot afford. SS and Medicare are going to implode before long.

 

[justoffal]

Yep.... I’m looking at it and it looks a lot worse than I thought it would 20 years ago. I’m luckier than most. I have a pension from public sector work and my 401k, some investments, and I have a growing amount of side work that I do.

The loss of a spouse never stops destroying you. We were supposed to be doing this together.

God bless sorry to hear that...

 

[JustAGuy1]

Assisted-care facilities and nursing home costs are the killer and are hard to plan for.....7K a month at the very least as of last year.

Hospice care (in home) seems to be the way to "go" till some doctor decides you can't be at home after a medical event and orders you stuck in a "home".

Oh, and BTW, doctors get kickbacks for sticking you in one too.

Better to just eat a bullet at that point if you are able.

Medicare has triggers that make that determination. Once a Dr. has prescribed Hospice it will remain in place until death.

 

[braalian]

Medicare has triggers that make that determination. Once a Dr. has prescribed Hospice it will remain in place until death.

Patients are taken off hospice a variety of reasons. They have to be recertified after a certain amount of time. I think 6 months

 

[westwall]

Patients are taken off hospice a variety of reasons. They have to be recertified after a certain amount of time. I think 6 months

Once a patient goes into hospice they are there till they die, or they voluntarily leave it. I have been through the process with friends many times.

Twice as primary care.

 

[braalian]

Once a patient goes into hospice they are there till they die, or they voluntarily leave it. I have been through the process with friends many times.

Twice as primary care.

Well, I work in the business, and patients who continue to live and no longer meet the criteria can definitely be taken off hospice.

It happens. Maybe you haven’t seen it in the handful of experiences you’ve had, but it does happen.

Obviously, the physician and hospice staff discuss it with the patient and their family. If they (patient/family) are adamant about their loved one staying on hospice string are usually pulled to find some way to re-certify. But not always.

 

[westwall]

Well, I work in the business, and patients who continue to live and no longer meet the criteria can definitely be taken off hospice.

It happens. Maybe you haven’t seen it in the handful of experiences you’ve had, but it does happen.

Obviously, the physician and hospice staff discuss it with the patient and their family. If they (patient/family) are adamant about their loved one staying on hospice string are usually pulled to find some way to re-certify. But not always.

A good friend of mine has worked in the industry for over 40 years now. I will go with what he tells me.

 

[Harpy Eagle]

Well, I work in the business, and patients who continue to live and no longer meet the criteria can definitely be taken off hospice.

It happens. Maybe you haven’t seen it in the handful of experiences you’ve had, but it does happen.

Obviously, the physician and hospice staff discuss it with the patient and their family. If they (patient/family) are adamant about their loved one staying on hospice string are usually pulled to find some way to re-certify. But not always.

Yep, you are correct.

What Happens if I Get Better While in Hospice Care?

Choosing hospice doesn't mean the patient is required to be on hospice from that point forward. Learn how and why a patient would leave hospice.

www.vitas.com

Can a Hospice Choose to Discharge a Patient?
Yes. If the hospice determines that the patient is no longer terminally ill with a prognosis of six months or less, they must discharge the patient from their care. Other reasons why a hospice may discharge a patient include:

https://www.npr.org/sections/health-shots/2017/08/11/542607941/nearly-1-in-5-hospice-patients-discharged-while-still-alive

Hospice care is for the dying. It helps patients manage pain so they can focus on spending their remaining time with loved ones. But in recent years, nearly 1 in 5 patients has been discharged from hospice before he or she dies, according to government reports.

 

[braalian]

A good friend of mine has worked in the industry for over 40 years now. I will go with what he tells me.

He either told you wrong or (more likely) you misunderstood what he told you

Facts are facts

Patient need to be certified to be admitted and then re-certified every six months