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West central IL | This is an honest question which I don’t mean to be morbid or careless, but yet I’m interested in people’s thoughts. Interested in the things Boone has heard as an estate planner, but really any and probably most of us have at least dealt with this issue in our own families.
Are most people just bound and determined to last ever possible minute they can here on earth? It seems to me it’s in the best interest of the medical/nursing home business to keep us alive to the last possible moment. I’m replying to a post which mentions a couple whose caregiving expenses are $500k/year. That’s 5-8 professional people working FULL time fully devoted to these two people to keep them going! I guess I’m asking how many people turn down this kind of care and say I’m going to stick it out in my own home, I’m not going to take two handfuls of pills every day, and if a stroke or heart attack takes me in my home at 77, vs making it 5 extra years needing constant care in a nursing home, that’s ok with me?
Full disclosure I’ve personally had family that have turned down ongoing medical care because their quality of life would’ve been greatly diminished and they were too independent of personalities for that. I wonder if some of their decision was based off of understanding what it would mean to their family legacy if they traded more time for the extremely high costs of late life care. | |
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