7 Assumptions About Retirement: True or False?
- Thread starter Ken N Tx
- Start date
Lethe200
Senior Member
- Location
- San Francisco Bay Area
That was fun, altho maybe more useful for younger Boomers and older Gen Xers. I scored 100% but I do a lot of reading and writing on eldercare and financial topics.
I don't know where they get the "nursing home can cost several thousands of dollars a month" thing, though. Most people live in cities, and the cost of urban nursing homes is way above "several thousand". More like $8-12K/month for top-rated facilities!
I don't know where they get the "nursing home can cost several thousands of dollars a month" thing, though. Most people live in cities, and the cost of urban nursing homes is way above "several thousand". More like $8-12K/month for top-rated facilities!
3,4,5&6 are all NO WAY.
Inflation is our worst nightmare. A $15 minimum wage is guaranteed to cause it.
You may not be able to get a job. Job hunting in your 60s and older is the kiss of death.
You will surely have to squeeze your $$ if all you have is Social Security.
The stock market is like an elevator, it goes up and down.
If you are the oldest person in your family you will probably will not inherit anything.
Inflation is our worst nightmare. A $15 minimum wage is guaranteed to cause it.
You may not be able to get a job. Job hunting in your 60s and older is the kiss of death.
You will surely have to squeeze your $$ if all you have is Social Security.
The stock market is like an elevator, it goes up and down.
If you are the oldest person in your family you will probably will not inherit anything.