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Even the very wealthy are not good at planning for health challenges.


Stashed in: #health, Wealth!, Awesome, life, Personal Finance, Retirement, Healthcare!

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Think rich people are better at dealing with their health than you? Maybe they just have more money to throw at the issue. This survey of several hundred high net worth Americans shows the majority of them have not thought that hard about medical crises or long-term care, and would have to make or alter their financial plans if a life threatening health crisis happened to them. HOWEVER they think they would respond by getting very aggressive health care.

What I learned from this is that EVERYONE has anxiety over the cost of healthcare.

No matter how much money a person has it never feels like enough. 

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