Growing Old With Dignity

[txdon]

No your good to go.
I went out and replaced my car with a more modern one and bought an MTB ebike. At 81 i'm out riding mountain bike trails, up to grade 3. 100km coast to coast trail rides. I'm gunna go out with a bang

"Bang"? You might want to choose a different word unless it involves a firearm.

 

[PILOON]

Also 80 here.

4 years ago I had a little spat with my better half when I bought a Toyota MR2!
I had been on the lookout for a MGB but found only 'fixer uppers' or $15 K restored and overpriced IMHO.

Bonus was the MR2 had factory air and was a totally original Florida car.
I actually feel that my MR2 is appreciating rather than going the opposite way, besides its fun on a nice (rare) sunny day.

Problem is that the frunk (front trunk) only has room for a case of 24's so it is really no more than a toy, but for sure a fun toy.

 

[rekees4300]

We have the same rule here. $10,000 per year and no more than $30,000 in a five year period.
We can prepay our funerals with no penalty.
Not allowed much in the way of assets or we begin to lose our pensions. $3.00 for every $1,000 over the limit. Not that our pensions are worth much so the $3.00 per $1,000 quickly puts a big hole in it. The only thing to do is spend it quickly or say you blew it on the pokies.
Govt doesnt want pensioners to have money or assets. Thankfully the family home doesnt count in the figures.

In USA we have something called Medicaid that pays for long term healthcare. The rules vary from state to state but generally speaking you have to be indigent before Medicaid will pay anything. So many folks who don't plan ahead lose their lifetime assets. Money that was suppose to go to family instead goes to a nursing home that charges $5,000 to $10,000 per month!

 

[Oaktree]

I hear that! Being frugal has its place as does spending on yourselves. You earned it.

I am 70 now so time to start being extravagant? I intend getting a new kitchen, bathroom and general upgrades and a car or two (always wanted a Mustang) and then I can just plod along until the day. Oh, and of course a new shed and maybe a bigger tractor. Lol. Tell me I am bad.

Would make it a lot easier if you knew when you were going to go (and whether you'd have serious health problems as you get older) so you could plan accordingly. Don't know what's worse, running out of money before you run out of years, or scrimping so you can leave an inheritance to people who did nothing to help you accumulate it.

 

[Sigarms]

No your good to go.
I went out and replaced my car with a more modern one and bought an MTB ebike. At 81 i'm out riding mountain bike trails, up to grade 3. 100km coast to coast trail rides. I'm gunna go out with a bang

Just don't hurt yourself.

My dad at around 83 was complaining that he would never golf 36 holes in one day again as it just tuckered him out too much.

He made a boo boo and tried to fix his mower himself, and he's been paying for it since he did it (fractured his back).

The older you get, if your body has to recover from a mistake, chances are it's going to take longer (time wise) to recover.

 

[PILOON]

On ageing and cars-----

Good friend owns a storage facility.
Every fall he gets some 50-60 clients that wish to store their 'toy cars', mostly sporty convertibles.
Also amazing the number of high end RV's that get parked on his lot with most away all winter.

A trend seems to be to sell the home, move to a condo and purchase an RV and or sports car.
Face it, a mortgage free home that has appreciated over time is one nice asset or nest egg.

At age of 18 I acquired a waterfront property from the gov't, built a cottage and that's my 'nest egg'.
As a teen I read the adds back of Popular Mechanics that tooted 'free gov't land' and discovered to my amazement some existed just 1 hour north of Montreal.
That's my 'egg'.

 

[jjp8182]

Oh, and the suicides I am familiar with committed with a 12 gauge were all successful. Very gruesome but successful.

Aware of a few of those myself --- one (I thankfully did not witness) of which was only "successful" after several hours. During that time the individual was found by loved ones (if I recall correctly) and taken to the hospital. However, there wasn't much the medical staff could do given he'd pretty much removed the entire front of his head.

So should a person truly chose to end their life it would seem to be worthwhile to understand enough biology/anatomy to make it a quick transition - even if only for the sake of those that will be left behind.

Of course that's reminding me of a suicide intervention course I once took where the instructor (who worked as an operator/trainer on a suicide hotline) told a story of one of her former employee's first (and last) day on the job. If I recall correctly the young lady had showed up for work and one of the very first calls she received was a caller who called in saying someone was about to commit suicide. When she started to engage by trying to get additional information the only thing she heard in reply was a firearm going off.

Obviously not the most pleasant of stories, but given the topic they're probably ones worth sharing.

Personally, I'm not all that concerned with when/how I go I given I could/should probably dead many times over already ...... in fact at this point I'm almost more terrified of not dying than I am of dying, but I figure if I continue to live life it'll all get sorted out it's own time.

 

[Green Acres Homestead]

In USA we have something called Medicaid that pays for long term healthcare. The rules vary from state to state but generally speaking you have to be indigent before Medicaid will pay anything. So many folks who don't plan ahead lose their lifetime assets. Money that was suppose to go to family instead goes to a nursing home that charges $5,000 to $10,000 per month!

Similar here in Canada. The government is bound due to get every cent.

 

[Green Acres Homestead]

Aware of a few of those myself --- one (I thankfully did not witness) of which was only "successful" after several hours. During that time the individual was found by loved ones (if I recall correctly) and taken to the hospital. However, there wasn't much the medical staff could do given he'd pretty much removed the entire front of his head.

So should a person truly chose to end their life it would seem to be worthwhile to understand enough biology/anatomy to make it a quick transition - even if only for the sake of those that will be left behind.

Of course that's reminding me of a suicide intervention course I once took where the instructor (who worked as an operator/trainer on a suicide hotline) told a story of one of her former employee's first (and last) day on the job. If I recall correctly the young lady had showed up for work and one of the very first calls she received was a caller who called in saying someone was about to commit suicide. When she started to engage by trying to get additional information the only thing she heard in reply was a firearm going off.

Obviously not the most pleasant of stories, but given the topic they're probably ones worth sharing.

Personally, I'm not all that concerned with when/how I go I given I could/should probably dead many times over already ...... in fact at this point I'm almost more terrified of not dying than I am of dying, but I figure if I continue to live life it'll all get sorted out it's own time.

We have assisted suicide here in Canada or its coming. Government is trying to sell it and many people say it's great. You are terminally ill or going to be long term you can choose to die peacefully. It was described as peaceful and the family prepare and gather for the final moments. Not the Christian way to go but the government kinda tries to sell it because once you quit work they want you dead so they save money.

 

[reb]

In USA we have something called Medicaid that pays for long term healthcare. The rules vary from state to state but generally speaking you have to be indigent before Medicaid will pay anything. So many folks who don't plan ahead lose their lifetime assets. Money that was suppose to go to family instead goes to a nursing home that charges $5,000 to $10,000 per month!

When I first read this, I thought it was a complaint that Medicaid is for only the indigent. That is as it should be. I figure I have done my part for the family if I have enough to support myself and my wife for our lifetimes. Anything left over is gravy.