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Old 01-14-2016, 09:48 AM
 
Location: Close to an earthquake
890 posts, read 679,554 times
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VP Joe Biden is in mission control to cure cancer and this raises a potential retirement planning crisis for many who may now live longer.

If you lived 5 years longer than what your crystal ball forecast uses for retirement planning purposes, would you be able to eat and have shelter?
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Old 01-14-2016, 10:09 AM
 
Location: Sierra Nevada Land, CA
8,412 posts, read 9,165,392 times
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Quote:
Originally Posted by borninsac View Post
VP Joe Biden is in mission control to cure cancer and this raises a potential retirement planning crisis for many who may now live longer.

If you lived 5 years longer than what your crystal ball forecast uses for retirement planning purposes, would you be able to eat and have shelter?
Sure. Subsidized senior housing. Food Stamps, food pantries. A lot of low income seniors do ok in my area.
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Old 01-14-2016, 11:07 AM
 
4,492 posts, read 4,754,903 times
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dare I ask... but WTH are you talking about?
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Old 01-14-2016, 11:17 AM
 
Location: Charleston, SC
1,369 posts, read 771,752 times
Reputation: 2428
According to firecalc.....I would be safe 96% of the time. Woo-Hoo !!!
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Old 01-14-2016, 11:48 AM
 
29,819 posts, read 34,912,438 times
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Quote:
Originally Posted by borninsac View Post
VP Joe Biden is in mission control to cure cancer and this raises a potential retirement planning crisis for many who may now live longer.

If you lived 5 years longer than what your crystal ball forecast uses for retirement planning purposes, would you be able to eat and have shelter?
yes yes and when you consider what a financial burden cancer is that being removed should lower Medicare and personal medical cost. Wouldn't that make it easier to afford five more years?
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Old 01-14-2016, 12:12 PM
 
Location: Central Maine
4,687 posts, read 5,543,298 times
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Hmmm. My crystal ball is a bit cloudy as to what I will eventually (I'm in no hurry!) die from, but if it was going to be cancer, and before my demise, cancer is cured, well, I think I can live with that.

But to answer your question, yes, if due to medical advances I live longer than I had thought I would at the time I retired, I would be OK financially.
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Old 01-14-2016, 12:21 PM
 
2,421 posts, read 3,729,828 times
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Besides all the heartache and pain that comes from losing a loved one, especially those taken way before their time, cancer is a tremendous expense in health care. Not only are you dealing with the the exorbitant costs of treating cancer, but if you survive, you are usually troubled by other complications down the road as a result of chemo which wreaks havoc on your body. Most deaths occur due to cancer and heart attacks. Having a heart attack is much cheaper.

Being able to irradiate cancer would be a dream come true. It takes too many people's lives too soon.
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Old 01-14-2016, 01:07 PM
 
33,046 posts, read 22,104,537 times
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Quote:
Originally Posted by Mr5150 View Post
Sure. Subsidized senior housing. Food Stamps, food pantries. A lot of low income seniors do ok in my area.

How is that going to help when the waiting list is 10 years long?
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Old 01-14-2016, 01:10 PM
 
Location: Mount Airy, Maryland
10,485 posts, read 5,949,749 times
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So Biden's going to cure cancer? Good to know.

Smoke 'em if you got 'em!
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Old 01-14-2016, 01:10 PM
 
6,314 posts, read 4,762,537 times
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So does someone actually believe the nonsense they hear from politicians?


If Joe Biden is really going to spearhead the efforts to eliminate cancer he might also want to look at reducing senior dementia. Otherwise we will have lots of senile old folks in nursing homes living decades longer than nature intended.
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