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Author: reallyalldone Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 74  
Subject: Pessimistic Planning Date: 9/18/2008 3:55 PM
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I was reading an article about money and aging in one of the personal finance magazines recently and was beginning to wondering if pessimistic aging is a self-fulfilling prophecy. The article was written by a 40-something who planned to live into her 80s(figuring family history,etc). One of the "hints" was that you should move to a single floor house around 65 so you wouldn't have to deal with stairs when you couldn't. I would say that would probably happen pretty soon once you're not living with stairs.

Long term care insurance and planning high amounts of assets for health care in retirement are also pessimistic, again depending on family history. Probably better to work on health and fitness, particularly in the 40s and 50s which can reduce the cost of health care anyway. Strangely enough, health and fitness weren't mentioned in the article :)

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