The retirement threat that is hiding in plain sight

https://www.theglobeandmail.com/investing/personal-finance/retirement/article-the-retirement-threat-that-is-hiding-in-plain-sight

…”How cognitive decline changes the way families manage money.”…

EXTREMELY SIMPLE ROOT OF THE PROBLEM…

ALWAYS PHYSICAL

ROOT SOURCE OF THE PROBLEM…

THE BODY’S INABILITY TO SUSTAIN ITSELF THROUGH REPEATEDLY BAD CHOICES AROUND HEALTH ISSUES

DEMENTIA AND ALZHEIMER ARE SLIGHTLY DIFFERENT WITH RESPECT TO LOSS OF MEMORY AND COGNITIVE DECLINE

WHILE BOTH TYPES OF ILLNESSES TAKE ROOT IN THE LOWER BODY…

THEY PROGRESS AT DIFFERENT RATES UNTIL ACTUAL BRAIN STARTS TO BE IMPACTED…

YES… SOME CHEMICALS/DRUGS/MEDICATION WILL DIRECTLY AFFECT THE BRAIN AND MAY START IT’S DECLINE…

BUT TO SUSTAIN THE RATE OF DECLINE…

THE BODY MUST BE COMPROMISED FIRST AND FOREMOST…

AND WHILE THIS IS SOMEWHAT TYPICAL IN OLD AGE WITH RESPECT TO NATURAL DECLINE, THE MODERN RATE IS MUCH FASTER THAN IT WOULD NORMALLY BE…

ADD ENVIRONMENTAL ISSUES TO HEALTH ISSUES AND YOU CAN ESTABLISH A REASONABLE PROGRESSION OF BOTH DISEASES…

LASTLY…

WHERE FAMILY FINANCES ARE CONCERNED…

SIBLINGS INTENT ON GETTING THEIR SHARE AND INFIGHING…

WHETHER PRIOR TO THE DISBURSEMENT OF WEALTH BEFORE DEATH OR AFTERWARDS…

ADDS TO THE COMPLEXITY OF RELATED HEALTH ISSUES…

CONSEQUENTLY, THERE IS NO ALTERNATIVE BUT TO RECOMMEND FULL GUARDIANSHIP AND CONSERVATORSHIP TO SAFEGUARD INDISCRIMINATE PLUNDERING OF WEALTH TO THE POINT WHERE IT COMPOUNDS STRESS AND IMMINENT DEATH OF A FAMILY MEMBER

I HAVE LIVED IT FULLY AND NOW UNDERSTAND THAT GREED PLAYS A CENTRAL ROLE IN OBTAINING ALL REMAINING WEALTH AT THE EXPENSE OF AN INCAPACITATED FAMILY MEMBER WHO CANNOT AND IS UNABLE TO MAKE RATIONAL DECISIONS FOR THEIR OWN WELL BEING AND SAFETY…

DEMOCRACY VALUES INDEPENDENCE, BUT WHEN A FAMILY MEMBER BECOMES A DANGER TO THEMSELVES, THAT IS WHERE THE LINE MUST BE DRAWN FOR THEIR OWN SAKE…

NOT PLEASANT PULLING THE PLUG ON FINANCIAL INDEPENDENCE AND DECISION MAKING, BUT IN REALITY, IT IS THE MOST HUMANE

PERSONALLY, I THOUGHT THAT WITH AGE THE ADAGE THAT WISDOM PREVAILED WAS A CONSTANT…

NOW I UNDERSTAND THAT IT IS A STATEMENT IN THE HOPE THAT WHAT HAS BEEN LEARNED IN THE PAST SERVES WELL INTO LATER YEARS…

MODERN LIFE ALAS HAS TOTALLY OBLITERATED THAT PREMISE…

LONG LIFE, BUT POOR HEALTH AND DYING WITHOUT ONE’S ABILITY TO MANAGE THEMSELVES IN SAFETY IS UNFORTUNATE…

THE MENU DU JOUR

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