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The cost of keeping your independence in retirement could be $3,500 per month
(www.theglobeandmail.com)
this post was submitted on 10 Jul 2023
38 points (93.2% liked)
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That's legitimately a lot less than I would've expected. Factor in home care; uncovered healthcare expenditures like drugs, in-home adaptations, and other equipment like canes and walkers and so forth; dental and optical; and of course basic room and board, and at the later stages of life I would've expected more like 5-6k a month, largely thanks to a healthcare system that fails to support the elderly, which is ironic given the now-elderly boomers will get to reap what they sowed when they cut/failed to invest in those systems they now need.