Biggest News aggregator with 200 million news articles | vimarsana.com
but for the vast majority of americans who have paid into the system their whole lives, social security only gives you 1,230 a month and medicare only covers you up to 100 days. of an extended period of time in a nursing home or rehab facility. that's not much help when today some experts predict the average person will need roughly $900,000 to cover their expenses throughout their retirement. a staggering amount when you consider that the majority of senior citizens have less than $30,000 saved for retirement. if you want to live forever, you better find a way to pay for it. >> no, i want to just kind of hear your thoughts on tootie's financial situation. >> oh, my. >> and where she is. >> well, our dad when he retired, he opted for them to, you know, take his retirement money and invest it. they were guaranteed a certain amount of money every month.