[quote=CA renter]
You are totally right about being nice to your kids. I don’t see any other way to deal with this issue outside of foisting it upon the kids. Not what anyone wants to do, but until we come up with a better solution, it’s the only way we’ll be able to manage this number of elderly patients.
Personally, I’m in love with the way they manage things in some European countries, but that would be “socialism,” and we can’t have that here.[/quote]
It’s always going to boil down to your kids or somebody’s kids. The current generation of retirees are reaping the benefits of having a lot of children. As soon as you personally stop being productive you rely on others to provide you with the basic necessities of life. The reality is that we don’t have enough resources for everybody to be taken care of but still maintain an independent lifestyle going forward. In essence there’s just not enough kids to support the next generation of retirees at the current level of care. If you’re not moving in the with kids you’ll probably have to move in with other seniors so that a single care taker can provide for more than 1 person.
Automation will help somewhat, but it’s going to come down to working longer in life assuming you’re able and living with less than you thought. That’s just how the demographics and math work out, unfortunately.