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Pastimes : Let's Talk About Our Feelings!!!

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To: Grainne who wrote (66180)	12/12/1999 1:33:00 PM
From: MSB	Read Replies (3) of 108807

I've allotted a certain amount of time to read and interact so I'll be logging off after this post. Your observations about an uncluttered life with regard to aging and paperwork match my own in the only time I've seen it happening. My grandparent's on my dad's side got to the point that life was merely a one day to the next routine without (apparently) much thought to taking care of certain details. When my mother and dad came to the point in time where some type of supervised care was needed, they went back into my grandparent's home and found all sorts of things which responsible people would not (or it seems to me) do. They found uncashed reimbursement checks from medical insurers amounting to thousands of dollars which had been laid down and simply forgotten. Why not CD's short term? What do short term CD's pay in interest, little more than a pass-book savings account. I cannot see anyway that such an investment vehicle could grow to keep up with a lifestyle which my mother-in-law enjoys. And that is just for what is happening now. She can't possibly be so short-sighted as to think she is going to be one of the very few who isn't going to suffer some debilitating affliction requiring some long term care. No short-term CD is going to ever cover such costs past what is already taken into account for medicare or medicade. So assuming that she could very well become disabled at some point where some type of long-term care is needed, and she has spent most of the money on Lord knows what, who do you think the responsibility of her debts falls to? SJ and I are finally at an age where we can start accumulating some monies to be put aside for our older years. I ain't going to be happy if her care-free spending habits come back to haunt SJ and I.

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