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Personal Finance and Investing

Common Sense Party

(14,139 posts)

6. I have heard the horror stories as well. I'm sorry your mom has to go through that.

Reply to wordpix (Reply #5)

Mon Jun 4, 2012, 05:22 PM

Jun 2012

For those of us younger, unless we actually expect the whole system to magically change, we NEED to save for retirement AND buy long term care insurance. It's costly, it's a sacrifice, but it's necessary.

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Living on Social Security & Medicare: The Reality [View all] Common Sense Party Jan 2012 OP

Since everyone's retirement accounts have lost money in the long run that is a fools errand. kickysnana Jan 2012 #1

Accounts have lost money in the short run, not the long run. Common Sense Party Jan 2012 #2

People below a minimum income can't save... oysterbay Apr 2013 #8

++ cbrer Feb 2012 #3

We need to get the economy going. OllieLotte Jun 2012 #4

government policies are often regressive... oysterbay Apr 2013 #9

my 87 yo mom's SS and Medicare cover only a small % of her costs wordpix Jun 2012 #5

I have heard the horror stories as well. I'm sorry your mom has to go through that. Common Sense Party Jun 2012 #6

how much do you expect min wage workers to save? oysterbay Apr 2013 #7