Welcome back Chads & Chadettes.
There is always dozens of drafts sitting in the substack to work on. But this week none of them felt right. There is 1 topic on top of mind and it relates to some recent going ons in the F’er family.
One of the F’er grandparents just entered hospice and whoooo boy is it getting dicey.
Now the news of one grandparent going to end of life care is not shocking, they are 99 and 97 years old. The last 5 years have not been kind to their health and honestly they have both lasted entirely longer than anyone expected. We just visited the other week and neither can walk, neither can hear, and neither of them have any memory left (plus the house is a mess and reeks of urine…This is the home of Grandma F’er who was an OCD neat freak my entire life, to the point she refused to eat at any family members house because we all had pets and she was appalled at the thought of any hair in her food - made for fun holidays).
It is sad.
But after a slip and fall where one grandparent was down and out for who knows how long …(seeing how the other can’t hear and both are too proud and stubborn to even entertain getting hearing aids…and also refuse to use walkers or canes….and won’t allow a aid to live with them (free aid may I mention) …lead to a hospital trip and blood clots, we finally got some clarity on their finances.
[Yes, they were extremely secretive about their money, which is ironic as they had basically none and were being helped by F’er & Mama F’er.]
This has lead to the inspiration of this post about planning for end of life. If you are young, maybe this is just some ideas to discuss with your own parents and grandparents. If you are getting up in age, this can be something to consider for your own finances.
No one should want to be a financial burden later in life. We are all here to build generational wealth (at least I think so). But even those of us with the best intentions may fall short of our financial goals. So it is important to plan ahead - as you will see, planning early can be one of the best ways to secure a dignified financial situation as you get on in age.
So where do Grandparent F’ers stand and what could / should they have done different other than just making more money?