Author Topic: The Elder Index  (Read 318 times)

rcjordan

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The Elder Index
« on: December 05, 2019, 11:57:29 PM »
Turning gray and into the red: The true cost of growing old in America
http://theconversation.com/turning-gray-and-into-the-red-the-true-cost-of-growing-old-in-america-127162

Rupert

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Re: The Elder Index
« Reply #1 on: December 06, 2019, 09:05:22 AM »
I cannot speak for the USA, but I see loads of old folk in the UK. And there are some very sad stories.

But an uplifting one I would like to share with you is of a couple who spent the last 13 years living in Taiwan. The warmth, and the people and cost of living they found to be fantastic. They had a really good 13 years of retirement out there.

So why did they come back to the UK? 

You guessed it, medical issues.

Lots from the UK go to live in Spain for the latter years.  Some come back.  But certainly not all.


There are ways of reducing the cost of living in retirement, but it always seems to come back to medical costs.

... Make sure you live before you die.

ergophobe

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Re: The Elder Index
« Reply #2 on: December 06, 2019, 03:16:49 PM »
It way underestimates housing costs for us. I don't think it has adjusted to what insurance costs are in rural CA these days. If I add taxes, insurance and utilities on what is a rather basic, modest home, I would need to almost triple their estimate.