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For years I have worried (financially) about my retired father who lives in a trailer in the middle of nowhere. For 8 years he lived in a travel trailer with no phone, no running water, using a privy and a hand-drawn well. He took showers by pouring bucket of water over his head while standing on the deck, winter and summer. He drove cars he purchased for $200-$500 and lasted 6 months to a year.
I eventually convinced him to purchase a used manufactured home (mobil home). Eventually, I also got him to install power, septic, phone, and a pressurized will so he has running water.
Recently, I decided it was time to have a frank talk with him as it is evident that he is not going to be living alone for much longer. When we got to the financial side, it turns out he has a total pension of $4,000/month, with NO taxes (not even sales or property in the state he lives in) and 100% free medical care (because he is 100% disabled from military service). When I explained to him that this probably put him in the top 10% of per-capita incomes in the US (considering he in an army of one with no dependants), he did not believe me. I figure he is effectively earning about 80,000/year compared to someone paying taxes and insurance. I quit worrying. I know I can get him into a really nice assisted living facility at this level of scratch.
12 wasted years of stress.
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----------------------------------<br />You see in this world there's two kinds of people, my friend; those with loaded guns, and those who dig.
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