tag:blogger.com,1999:blog-5601819916630680133.post8156459379898607841..comments2024-01-23T23:07:00.959-08:00Comments on GRACEful Retirement: Forget the Bag Lady--I'm Afraid I'll be LillianGrace.http://www.blogger.com/profile/03557395027685855901noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5601819916630680133.post-79892831715138670022008-05-29T20:12:00.000-07:002008-05-29T20:12:00.000-07:00Well, fear can be paralyzing, but it can also be m...Well, fear can be paralyzing, but it can also be motivating. I'm scared of a future like Lillian's to some extent. It's been a great driver to help me keep striving to make my own future better.frugal zeitgeisthttps://www.blogger.com/profile/17804781758510341558noreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-16464235452841844632008-05-19T17:10:00.000-07:002008-05-19T17:10:00.000-07:00Grace, I am sorry but my mom and her siblings have...Grace, I am sorry but my mom and her siblings have always been responsible. They started even in childhood paying for bills because honestly my grandparents were irresponsible. My grandfather gambled away their money so my uncle started picking pineapples at 12 to help pay the bills.<BR/><BR/>My mom and aunts started working in real jobs by 14 at a diner washing dishes. They brought home their paychecks and paid the bills.<BR/><BR/>Not that my grandfather made much driving a tour bus. But perhaps it would have been enough.<BR/><BR/>But perhaps these responsiblities made my mom and her siblings super responsibility. They have always been providing. <BR/><BR/>And my great-grandmother had her children help her too because she was widowed with 7 children to provide (my grandmother had already married and left). She worked 2 jobs and each of her kids worked.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-82235797799467296862008-05-18T17:33:00.000-07:002008-05-18T17:33:00.000-07:00As a matter of fact, I do have employer-provided d...As a matter of fact, I do have employer-provided disability insurance, so that is good. I really should check out the terms to see what it would give me. But, ever able to imagine tragedy, what if I lose my job first and THEN become disabled?<BR/><BR/>Living Large--since my children have emotional disabilities and physical handicaps of their own to overcome, I doubt any of them will be in a position to buy me a house or pay my bills. My grandkids, maybe!Grace.https://www.blogger.com/profile/03557395027685855901noreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-30796186400512466452008-05-18T15:51:00.000-07:002008-05-18T15:51:00.000-07:00I think all of us when we reach 50-60 realize how ...I think all of us when we reach 50-60 realize how quickly things can change. My father had a stroke and I too have worried about my vulnerability. However, my father was a smoker with high blood pressure. So, I do what I can to maintain a healthy weight & blood pressure, I never smoked, and I try not to get too stressed. About all you can do is manage your life habits so that you minimize your risks. FlorenceAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-35548584386543865142008-05-18T14:09:00.000-07:002008-05-18T14:09:00.000-07:00You do what all women in that situation do, depend...You do what all women in that situation do, depend on your children. My grandmother makes pretty much the same as lillian $800/month SS and $100/month pension. <BR/><BR/>When my grandfather was alive, he died in January 2007, they made only $1200/month for 2 of them.<BR/><BR/>So what does she do now? Well she lives in a huge 1200 sq ft, 3 bd/2ba, sfh. It's owned by my mom.<BR/><BR/>So obviously she can't afford the upkeep, taxes, insurance, but my mom let's her "rent" it for $100/month.<BR/><BR/>Her children bought her the car she drives. They pay for bills to help keep her afloat.<BR/><BR/>So what else can you do? Let your parents eat alpo? I don't think so. It's probably why so many boomers are feeling the strain.Living Almost Largehttps://www.blogger.com/profile/06594523259748625997noreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-33793525606227382342008-05-17T17:22:00.000-07:002008-05-17T17:22:00.000-07:00Grace,Kevin has a great suggestion, do you have di...Grace,<BR/>Kevin has a great suggestion, do you have disability insurance at work? That should alleviate your concerns for the next 10 years, should something happen.Sharonhttps://www.blogger.com/profile/13940623529019637336noreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-49641895952785136782008-05-17T06:13:00.000-07:002008-05-17T06:13:00.000-07:00I am healthy and energetic, but I, too, have some ...I am healthy and energetic, but I, too, have some of these fears. There is no way to predict one's health. Yikes.Rheahttps://www.blogger.com/profile/18073724825234532540noreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-57565412552670258082008-05-16T14:12:00.000-07:002008-05-16T14:12:00.000-07:00These seem like rational concerns. The personal f...These seem like rational concerns. The personal finance books I've read strongly advocate that breadwinners carry disability insurance to cover disasters like those.Anonymousnoreply@blogger.com