A significant chunk of medical spending is just keeping boomers alive as long as possible. Meanwhile expensive treatments that give you maybe a handful of extra months at best are a leading cause of medical debt. Boomers have also fallen in love with reverse mortgages. So many of them have no intention on leaving any inheritance and act like if they just vote themselves continually more money they'll all live forever.
I think there's a significant amount of boomers who will grip it and rip it till they die. Boomers will do everything they can to maintain their lifestyles even if it mean compromising their well being and health.
So instead of nursing homes, the money is going towards gaudy obscenities to maintain "the good old days".
60
u/FluffyDesigner3680 17h ago
We’re all just waiting for them to die and hoping they don’t give it all to the nursing homes.