I’m fine I just don’t know how folks not prepared or the ones poorly prepared get by I’m lucky to have my retirement, SS and no debt. My supplant just went up $80 a month it’s been going up every year usually by half of that so $80 a month was a shock. Now I’m at an age where shopping around is not an option because of my age so they have you over a barrel pay it or lose it when you might need it the most. No increases coming in SS or from my retirement that will keep up with this kind of BS.

Just an FYI to you younger folks to be over prepared nobody looks after you like you do so be ready for anything as business is just business out there the folks that sell the policies don’t really care about your future if the did theres nothing they can do about it.

Inflation is a silent killer.

What's a supplant?...Are you referring to a medicare supplement?

Yes it started out at $140 now it’s around $350 Joy joy.

Ive worked scared most of my life so I wouldn't have to greet people at Walmart....

My Supplement went up less then half of yours and the increase in SS it was a wash. The seniors that I know that may have financial issues just spend more than they have.

Most are that I know are just poor managers of their life in the first place. I know that isn't something most want to hear but it is my observation of the ones I know.

I tell younger people ya can’t have enough equity.

This is spot on and it doesnt just apply to seniors....

Mine remained level for about four years, then a small bump every two years. Got a bigger bump this year. Fortunately it is part of my retirement package but I know there will come a day when I will have to put some of my money with theirs to pay premiums.

My biggest shock is the substantial increases to our long term care policies. At 78, I may need it soon so I have to pay the premiums or move to the poor house when I need 24 hour care.

Your right poor money managers and poor living habits sometimes go hand in hand but if when it all falls apart others pay the bills to keep things afloat. Seen a guy working in a KFC in MO a few years ago looked to be in his 80s puttering behind the counter I admired his grit but his lack of preparation was unsettling.

Do you suppose the 80 year old behind the KFC counter is there because he WANTS to be not because he has to be?

Maybe he likes working, getting out, interacting with people. Gives him a purpose in life. Maybe only works a few hours a day. Might beat the heck of sitting around in a rocking chair all day watching the crapola on TV.

NOTE - I’m not making light of the financial situation of many of our senior citizens. It is a serious problem. Just saying there are alternative scenarios.

He’s working but how much more then that can he do but rest up for the next shift if he’s happy God bless him just not my idea of the good life. I really doubt with him being that crippled up it’s a choice but who knows.

I think it is because they are better employees than younger people. I work with a whole geriatric crew, because many young people are close to worthless. We may be slow, but we know what needs to be done, show up, and do it.

Lincoln Barber was still trapping ADC beavers into his late 80"s. One day someone at the coffee shop said "Lincoln, they are going to find you face down in the swamp one day", he replied "wouldn't that be a shame to miss all those years of having my diaper changed in the nursing home"

Some assisted living homes are $600 a day, there's no way to prepare for a year or two of that.

Pay the insurance is the only way that my in-laws could do it but don’t miss a payment they would love that.

Those must be palaces? Assisted living should be in the $4,000 to $8,000 a month range. The preparation is save some money that earns money in your retirement years. It helps to have a POA that manages this well for you when you become brain dead.

Maybe the $600 is just when your toward the very end? My mom's friend just needed to go in and that was the cost.

If it is temporary, and in for medical care after a hospital stay they get the high daily rates because Medicare covers most of it.

One of the few things Wa state has right is making all medical insures do a community rated plan. I pay 215.00 a month for a medical g plan and a 90 year old would pay the same amount.