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Everybody Loves Your Money
Everybody Loves Your Money
Business
Brandon Marcus

Why Do People Ignore the Costs of Getting Older Until It’s Too Late?

Image Source: 123rf.com

Aging is inevitable, but planning for it? That’s the part most people like to shove in the back of their minds, right next to flossing daily and reading the terms of service. The irony is that everyone knows growing older comes with expenses—medical bills, housing, retirement—but somehow, many people treat those costs like a problem for “future me.”

Unfortunately, future you doesn’t come equipped with a magic wand or a money tree. By the time reality hits, the price tag of aging often feels overwhelming and unmanageable. So why do so many people ignore it until it’s too late?

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