Sean Pyles

That's a lot less than I thought it would be.

This might be totally out of left field, Kate, but have you heard about Margaritaville?

I have not heard about it.

It is a boomer living facility.

I believe it's in Florida and it's for folks who love Jimmy Buffett and Margaritaville.

And you can live there and live your Margaritaville dream in your older years.

So that's a little bit less focused on the health care side of things and more the lifestyle side of things.

But I think it shows that there's a huge range of options available and some might be more fun than others.

Okay.

Well, continuing on with the important and listener-focused part of this conversation, they said that they could potentially get a refund for the buy-in structure.

How would that work?

It sounds like it'd be really hard to pin down this exact number, even if you are working with a financial planner, because part of it comes down to your family history as well and how long people tend to live, what sort of illness you might have.

And it just makes it hard to really know what's what.

So how do you think people can best navigate that?

Yeah.

And beyond learning about it and hearing about it on a show like this, it's also really important to have these conversations with your family.

And something that you and I have talked about before is how this isn't just a one conversation thing.

It's something that you need to continue to bring up because covering all this ground at one time, it's just overwhelming and stressful and not really feasible.

So take it a little bit at a time and just try to make a plan, but do have that conversation.

Add this to your to-do list, Elizabeth.