There is no way that capital isn’t going to devour our parents’ money and savings, almost certainly via medical bills. It’s not realistic to expect to inherit anything at all. That money is going straight to the Cayman Islands. Either that, or it’ll be gambled on A.I. or some other meme stock.
Nursing homes are the good scam. When you start up they’ll just liquidate your assets and use the proceeds to pay for your treatment and once you’re fully destitute you’ll get covered by the government. Enjoy bills of >500 a day just to exist since your family can’t take care of you anymore.
There is no way that capital isn’t going to devour our parents’ money and savings, almost certainly via medical bills. It’s not realistic to expect to inherit anything at all. That money is going straight to the Cayman Islands. Either that, or it’ll be gambled on A.I. or some other meme stock.
Or nursing homes/retirement communities. Those are outrageously expensive and will absolutely eat huge amounts of savings
If your parents get terminally ill and end up on state medicaid, the state will take assets to repay the cost when they pass.
Oh sure, but the holders of that capital will be Millenials, so it’s all good, right?
Right?
Nursing homes are the good scam. When you start up they’ll just liquidate your assets and use the proceeds to pay for your treatment and once you’re fully destitute you’ll get covered by the government. Enjoy bills of >500 a day just to exist since your family can’t take care of you anymore.