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this post was submitted on 17 Apr 2024
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chapotraphouse
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Yeah, I guess so. That said, do you really need as much as most places say for retirement? if you have $500,000 inflation adjusted dollars they say that's destitute, but by that point in your life you will own a home full of stuff already. Sure, Healthcare becomes more expensive, but it doesn't sound that deprived if you're content not leaving any inheritance.
Needing healthcare or someone to care for you when you're unable to care for yourself will probably clear you out pretty quick. Maybe will be merciful, but who knows.