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  • October 2, 2009 at 4:23 PM #463888
    temeculaguy
    Participant

    [quote=zzz]i’ve struggled with the long term care policies and when they should be bought.
    [/quote]

    I looked into it for the folks as well and found similar frustrations, hence the downstairs bedroom plan. Actually the downstairs bedroom plan has other benefits as well, I have a friend who’s wife had a serious leg injury and couldn’t get up the stairs for six months (unfortunately she wasn’t a convenient carry sized wife). They didn’t have a downtairs bedroom or shower, it was quite the unforseen ordeal.

    I do have long term care insurance for myself but it is an employer sponsored program and they would not cover anyone but me for any amount of money, I bought it when I was about 30, paid the premiums for 10 years and now I don’t have to pay again ever but it is in force for life. I know it is not cost effective insurance, I know I could have taken the same dollars and invested them elsewhere and probably made more money, but it didn’t break me, from memory it may have been pre-tax and at least i know that 30 years from now my kids won’t need to worry about this stuff.

    CA renter, good tip on the life vial

    October 2, 2009 at 4:46 PM #463098
    Allan from Fallbrook
    Participant

    [quote=Aecetia]TG-
    Go ahead and tell them about living on a cruise ship.[/quote]

    Aecetia: You never miss an opportunity to bus toss ole TG, do you?

    Geez, does he owe you money or something?

    October 2, 2009 at 4:46 PM #463290
    Allan from Fallbrook
    Participant

    [quote=Aecetia]TG-
    Go ahead and tell them about living on a cruise ship.[/quote]

    Aecetia: You never miss an opportunity to bus toss ole TG, do you?

    Geez, does he owe you money or something?

    October 2, 2009 at 4:46 PM #463635
    Allan from Fallbrook
    Participant

    [quote=Aecetia]TG-
    Go ahead and tell them about living on a cruise ship.[/quote]

    Aecetia: You never miss an opportunity to bus toss ole TG, do you?

    Geez, does he owe you money or something?

    October 2, 2009 at 4:46 PM #463706
    Allan from Fallbrook
    Participant

    [quote=Aecetia]TG-
    Go ahead and tell them about living on a cruise ship.[/quote]

    Aecetia: You never miss an opportunity to bus toss ole TG, do you?

    Geez, does he owe you money or something?

    October 2, 2009 at 4:46 PM #463913
    Allan from Fallbrook
    Participant

    [quote=Aecetia]TG-
    Go ahead and tell them about living on a cruise ship.[/quote]

    Aecetia: You never miss an opportunity to bus toss ole TG, do you?

    Geez, does he owe you money or something?

    October 2, 2009 at 5:31 PM #463108
    disimilar1
    Participant

    once my parents came to visit from another city. they both got the flu at the same time. I was a single mom then running a business. That was a real eye opener of an experience. a few years later they wanted to move here and were looking for a house. I was thinking how am I going to take care of my child, run a business and do their grocery shopping? Then, good luck! they found a place in a retirement home that had just been built. they bought in early for a low entry fee. they chose not to buy the unit. their monthly fees are $2,300 for 10 meals a month, janitorial 2x’s a week (that’s not enough), and occasional rides to doctor visits when the building can schedule them in.
    I just bought a foreclosure with a seperate guest house (no kitchen). My daughter lives there during college. I figure if one parent passes and the other does not want to live alone they have a place.

    October 2, 2009 at 5:31 PM #463300
    disimilar1
    Participant

    once my parents came to visit from another city. they both got the flu at the same time. I was a single mom then running a business. That was a real eye opener of an experience. a few years later they wanted to move here and were looking for a house. I was thinking how am I going to take care of my child, run a business and do their grocery shopping? Then, good luck! they found a place in a retirement home that had just been built. they bought in early for a low entry fee. they chose not to buy the unit. their monthly fees are $2,300 for 10 meals a month, janitorial 2x’s a week (that’s not enough), and occasional rides to doctor visits when the building can schedule them in.
    I just bought a foreclosure with a seperate guest house (no kitchen). My daughter lives there during college. I figure if one parent passes and the other does not want to live alone they have a place.

    October 2, 2009 at 5:31 PM #463645
    disimilar1
    Participant

    once my parents came to visit from another city. they both got the flu at the same time. I was a single mom then running a business. That was a real eye opener of an experience. a few years later they wanted to move here and were looking for a house. I was thinking how am I going to take care of my child, run a business and do their grocery shopping? Then, good luck! they found a place in a retirement home that had just been built. they bought in early for a low entry fee. they chose not to buy the unit. their monthly fees are $2,300 for 10 meals a month, janitorial 2x’s a week (that’s not enough), and occasional rides to doctor visits when the building can schedule them in.
    I just bought a foreclosure with a seperate guest house (no kitchen). My daughter lives there during college. I figure if one parent passes and the other does not want to live alone they have a place.

    October 2, 2009 at 5:31 PM #463716
    disimilar1
    Participant

    once my parents came to visit from another city. they both got the flu at the same time. I was a single mom then running a business. That was a real eye opener of an experience. a few years later they wanted to move here and were looking for a house. I was thinking how am I going to take care of my child, run a business and do their grocery shopping? Then, good luck! they found a place in a retirement home that had just been built. they bought in early for a low entry fee. they chose not to buy the unit. their monthly fees are $2,300 for 10 meals a month, janitorial 2x’s a week (that’s not enough), and occasional rides to doctor visits when the building can schedule them in.
    I just bought a foreclosure with a seperate guest house (no kitchen). My daughter lives there during college. I figure if one parent passes and the other does not want to live alone they have a place.

    October 2, 2009 at 5:31 PM #463923
    disimilar1
    Participant

    once my parents came to visit from another city. they both got the flu at the same time. I was a single mom then running a business. That was a real eye opener of an experience. a few years later they wanted to move here and were looking for a house. I was thinking how am I going to take care of my child, run a business and do their grocery shopping? Then, good luck! they found a place in a retirement home that had just been built. they bought in early for a low entry fee. they chose not to buy the unit. their monthly fees are $2,300 for 10 meals a month, janitorial 2x’s a week (that’s not enough), and occasional rides to doctor visits when the building can schedule them in.
    I just bought a foreclosure with a seperate guest house (no kitchen). My daughter lives there during college. I figure if one parent passes and the other does not want to live alone they have a place.

    October 2, 2009 at 5:42 PM #463115
    temeculaguy
    Participant

    [quote=Allan from Fallbrook][quote=Aecetia]TG-
    Go ahead and tell them about living on a cruise ship.[/quote]

    Aecetia: You never miss an opportunity to bus toss ole TG, do you?

    Geez, does he owe you money or something?[/quote]

    She’s trying to give away all my secrets, but if everyone knows they will get ruined, O.K. I’ll share the idea, I might need a wingman anyway. Long before piggington she asked me why I jogged, refused to eat sugar, took tango lessons and squireled away my money. My response, When i’m 70 and all the other old dudes are dead or broke, I’m gonna live on cruise ships and chase all the widows (the ratio is like 10-1 on ships, especially in alaska and florida and on longer cruises, single men just don’t go much), then get off the boat, get on another and go until I drop dead. I figured I need about 2000 a week in todays dollars as my retirement income without touching my principal and that is how I have my finances planned. It’s not just another of tg’s crazy and funny plans, I have this one all worked out, hyperinflation or health problems can derail it however.

    You’ve heard of the buckets of money retirement strategy, well this is different, I call it the “Cialis at Sea” retirement strategy.

    October 2, 2009 at 5:42 PM #463307
    temeculaguy
    Participant

    [quote=Allan from Fallbrook][quote=Aecetia]TG-
    Go ahead and tell them about living on a cruise ship.[/quote]

    Aecetia: You never miss an opportunity to bus toss ole TG, do you?

    Geez, does he owe you money or something?[/quote]

    She’s trying to give away all my secrets, but if everyone knows they will get ruined, O.K. I’ll share the idea, I might need a wingman anyway. Long before piggington she asked me why I jogged, refused to eat sugar, took tango lessons and squireled away my money. My response, When i’m 70 and all the other old dudes are dead or broke, I’m gonna live on cruise ships and chase all the widows (the ratio is like 10-1 on ships, especially in alaska and florida and on longer cruises, single men just don’t go much), then get off the boat, get on another and go until I drop dead. I figured I need about 2000 a week in todays dollars as my retirement income without touching my principal and that is how I have my finances planned. It’s not just another of tg’s crazy and funny plans, I have this one all worked out, hyperinflation or health problems can derail it however.

    You’ve heard of the buckets of money retirement strategy, well this is different, I call it the “Cialis at Sea” retirement strategy.

    October 2, 2009 at 5:42 PM #463652
    temeculaguy
    Participant

    [quote=Allan from Fallbrook][quote=Aecetia]TG-
    Go ahead and tell them about living on a cruise ship.[/quote]

    Aecetia: You never miss an opportunity to bus toss ole TG, do you?

    Geez, does he owe you money or something?[/quote]

    She’s trying to give away all my secrets, but if everyone knows they will get ruined, O.K. I’ll share the idea, I might need a wingman anyway. Long before piggington she asked me why I jogged, refused to eat sugar, took tango lessons and squireled away my money. My response, When i’m 70 and all the other old dudes are dead or broke, I’m gonna live on cruise ships and chase all the widows (the ratio is like 10-1 on ships, especially in alaska and florida and on longer cruises, single men just don’t go much), then get off the boat, get on another and go until I drop dead. I figured I need about 2000 a week in todays dollars as my retirement income without touching my principal and that is how I have my finances planned. It’s not just another of tg’s crazy and funny plans, I have this one all worked out, hyperinflation or health problems can derail it however.

    You’ve heard of the buckets of money retirement strategy, well this is different, I call it the “Cialis at Sea” retirement strategy.

    October 2, 2009 at 5:42 PM #463723
    temeculaguy
    Participant

    [quote=Allan from Fallbrook][quote=Aecetia]TG-
    Go ahead and tell them about living on a cruise ship.[/quote]

    Aecetia: You never miss an opportunity to bus toss ole TG, do you?

    Geez, does he owe you money or something?[/quote]

    She’s trying to give away all my secrets, but if everyone knows they will get ruined, O.K. I’ll share the idea, I might need a wingman anyway. Long before piggington she asked me why I jogged, refused to eat sugar, took tango lessons and squireled away my money. My response, When i’m 70 and all the other old dudes are dead or broke, I’m gonna live on cruise ships and chase all the widows (the ratio is like 10-1 on ships, especially in alaska and florida and on longer cruises, single men just don’t go much), then get off the boat, get on another and go until I drop dead. I figured I need about 2000 a week in todays dollars as my retirement income without touching my principal and that is how I have my finances planned. It’s not just another of tg’s crazy and funny plans, I have this one all worked out, hyperinflation or health problems can derail it however.

    You’ve heard of the buckets of money retirement strategy, well this is different, I call it the “Cialis at Sea” retirement strategy.

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