Well @mso489 ’s friend gave the most rational speech - I would have done the same
When I am old I will only have three priorities
1. How to get pay for my medical bills
2. How to pursue my interests now that I am retired
3. How to pamper grandkids and help children
All three require money management skills, and for most at that age would be managing social security money (Unless, like many Americans they have not managed a significant nest egg)
And … most of the stereotypes are true to some extent
When I am old I will only have three priorities
1. How to get pay for my medical bills
2. How to pursue my interests now that I am retired
3. How to pamper grandkids and help children
All three require money management skills, and for most at that age would be managing social security money (Unless, like many Americans they have not managed a significant nest egg)
And … most of the stereotypes are true to some extent