Canadians are living longer – we all get that. But what’s less understood about longer lifespans is that some of our latter years could well be spent in poor health
That’s legitimately a lot less than I would’ve expected. Factor in home care; uncovered healthcare expenditures like drugs, in-home adaptations, and other equipment like canes and walkers and so forth; dental and optical; and of course basic room and board, and at the later stages of life I would’ve expected more like 5-6k a month, largely thanks to a healthcare system that fails to support the elderly, which is ironic given the now-elderly boomers will get to reap what they sowed when they cut/failed to invest in those systems they now need.
That’s legitimately a lot less than I would’ve expected. Factor in home care; uncovered healthcare expenditures like drugs, in-home adaptations, and other equipment like canes and walkers and so forth; dental and optical; and of course basic room and board, and at the later stages of life I would’ve expected more like 5-6k a month, largely thanks to a healthcare system that fails to support the elderly, which is ironic given the now-elderly boomers will get to reap what they sowed when they cut/failed to invest in those systems they now need.