This got me thinking about end of life planning. Should I strive to go into retirement with very little money left, having donated it all to charity, and so avoid the exhorbitant costs of life support at the end?
I don’t see why that’s necessary. Just write a living will that discusses what treatments you refuse (or the value you place on your final time), and possibly have a suicide mechanism in place in case you think people will force treatment onto you. If you have insurance and very few assets, lots of money could still be wasted on keeping you alive when you don’t want to be, and so I don’t see how having less assets helps with this plan.
This got me thinking about end of life planning. Should I strive to go into retirement with very little money left, having donated it all to charity, and so avoid the exhorbitant costs of life support at the end?
I don’t see why that’s necessary. Just write a living will that discusses what treatments you refuse (or the value you place on your final time), and possibly have a suicide mechanism in place in case you think people will force treatment onto you. If you have insurance and very few assets, lots of money could still be wasted on keeping you alive when you don’t want to be, and so I don’t see how having less assets helps with this plan.