The Anabaptist perception towards a "money mindset"!
Posted: Thu Dec 21, 2023 6:14 am
See attached. Vote and discuss. This was a random thing I found on social media.
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$174k a year is an absurd amount of money. I’d rather be sent off to the woods in my old age and have those funds (assuming I had them) used to help the actually needy.Grace wrote: ↑Thu Dec 21, 2023 8:11 am The cost of elder care in a home is very prohibitive. A local facility here in Lancaster County costs around $14,500 a month for a shared room in skilled care. So I can see why it might be a good idea to "sit on your wealth". You never know how long you might live and the care that will be needed. And you never know if your children will be around to care for you.
Josh wrote: ↑Thu Dec 21, 2023 8:51 am$174k a year is an absurd amount of money. I’d rather be sent off to the woods in my old age and have those funds (assuming I had them) used to help the actually needy.Grace wrote: ↑Thu Dec 21, 2023 8:11 am The cost of elder care in a home is very prohibitive. A local facility here in Lancaster County costs around $14,500 a month for a shared room in skilled care. So I can see why it might be a good idea to "sit on your wealth". You never know how long you might live and the care that will be needed. And you never know if your children will be around to care for you.
Most Americans don’t have $1,000 in their bank accounts, let alone $1.7m for 10 years of elder care. I think it’s wrong to live an opulent lifestyle with servants when so many are needy and struggling. Anabaptists need a strong reevaluation of their priorities.
I don’t want $174k in present day dollars spent on me on elder care.Grace wrote: ↑Thu Dec 21, 2023 9:06 amJosh wrote: ↑Thu Dec 21, 2023 8:51 am$174k a year is an absurd amount of money. I’d rather be sent off to the woods in my old age and have those funds (assuming I had them) used to help the actually needy.Grace wrote: ↑Thu Dec 21, 2023 8:11 am The cost of elder care in a home is very prohibitive. A local facility here in Lancaster County costs around $14,500 a month for a shared room in skilled care. So I can see why it might be a good idea to "sit on your wealth". You never know how long you might live and the care that will be needed. And you never know if your children will be around to care for you.
Most Americans don’t have $1,000 in their bank accounts, let alone $1.7m for 10 years of elder care. I think it’s wrong to live an opulent lifestyle with servants when so many are needy and struggling. Anabaptists need a strong reevaluation of their priorities.
I am confused at what you are suggesting in being sent off to the woods. The elderly have no choice in how long they live and they deserve dignity and good care in their elder years. They are the needy, in that they need to be cared for. Also this elderly person is not in an opulent facility. Who do you think should care for them when the children either can't or the children are out on the mission field, half way across the globe?
The facility is middle of the road, and not the most opulent in the county. There are more expensive places and some that cost less. The facility is Medicaid eligible as well. But there is a gap between what Medicaid pays and what is required for the care.Josh wrote: ↑Thu Dec 21, 2023 9:08 amI don’t want $174k in present day dollars spent on me on elder care.Grace wrote: ↑Thu Dec 21, 2023 9:06 amJosh wrote: ↑Thu Dec 21, 2023 8:51 am
$174k a year is an absurd amount of money. I’d rather be sent off to the woods in my old age and have those funds (assuming I had them) used to help the actually needy.
Most Americans don’t have $1,000 in their bank accounts, let alone $1.7m for 10 years of elder care. I think it’s wrong to live an opulent lifestyle with servants when so many are needy and struggling. Anabaptists need a strong reevaluation of their priorities.
I am confused at what you are suggesting in being sent off to the woods. The elderly have no choice in how long they live and they deserve dignity and good care in their elder years. They are the needy, in that they need to be cared for. Also this elderly person is not in an opulent facility. Who do you think should care for them when the children either can't or the children are out on the mission field, half way across the globe?
My parents have had discussions with us kids about this. They explicitly don’t want that either and have stated so in their living will.
A facility that costs $174k a year is opulent. It is not available to the average American who has nowhere near that kind of budget. Very few Americans can afford a $14k a month budget. I think it’s wrong to live in that kind of luxury.
I would be OK with paying out of pocket for a fully Medicaid eligibile facility since that’s available to all people in America.
comments regarding mission efforts:Grace wrote: ↑Thu Dec 21, 2023 8:11 am ....
... I know of a family whose very elderly parent needs care that is way beyond what the family can handle, because some of the family is out on the mission field. The few remaining family members who live in the area, would be spread to thin to care for the parent.
The cost of elder care in a home is very prohibitive. A local facility here in Lancaster County costs around $14,500 a month for a shared room in skilled care. So I can see why it might be a good idea to "sit on your wealth". You never know how long you might live and the care that will be needed. And you never know if your children will be around to care for you.
The best option would be to will any remaining money to missions, "after" your passing.
Shouldn’t they be disqualified from missions that inhibit their responsibility to care for the elderly…Grace wrote: ↑Thu Dec 21, 2023 9:06 amJosh wrote: ↑Thu Dec 21, 2023 8:51 am$174k a year is an absurd amount of money. I’d rather be sent off to the woods in my old age and have those funds (assuming I had them) used to help the actually needy.Grace wrote: ↑Thu Dec 21, 2023 8:11 am The cost of elder care in a home is very prohibitive. A local facility here in Lancaster County costs around $14,500 a month for a shared room in skilled care. So I can see why it might be a good idea to "sit on your wealth". You never know how long you might live and the care that will be needed. And you never know if your children will be around to care for you.
Most Americans don’t have $1,000 in their bank accounts, let alone $1.7m for 10 years of elder care. I think it’s wrong to live an opulent lifestyle with servants when so many are needy and struggling. Anabaptists need a strong reevaluation of their priorities.
I am confused at what you are suggesting in being sent off to the woods. The elderly have no choice in how long they live and they deserve dignity and good care in their elder years. They are the needy, in that they need to be cared for. Also this elderly person is not in an opulent facility. Who do you think should care for them when the children either can't or the children are out on the mission field, half way across the globe?
1 Timothy 5:5 Now she that is a widow indeed, and desolate, trusteth in God, and continueth in supplications and prayers night and day.
1 Timothy 5:8 But if any provide not for his own, and specially for those of his own house, he hath denied the faith, and is worse than an infidel.
The "push" I see in our congregation is toward "building wealth". (Not that there is not a keen interest in seeing more of our members going into the 'Harvest', including foreign missions. There is.) We recently had a series of meetings, going through a video series by Dave Ramsey. At one point in one of the videos he spoke about getting advice from millionaires. He said that he was surprised how many of those people were willing to meet with him. Then he said that when he & his wife got up to 3 or 4 100 million, he started talking with billionaires. Frankly, I don't get it. How much is enough for someone with that mindset? Apparently, 'MORE'.Grace wrote: ↑Thu Dec 21, 2023 9:20 am ....
My point is that younger people have no idea the cost of elder care. And it would be a good idea to have a "mindset" to take that into consideration. I have seen this concept to many times, that the younger people push to not save so much money and more be given to missions. But when their elderly parent could use their care, they are half way across the globe in missions and can't help.