A lot of people seem to think that millenials and gen X are going to inherit a shitload of wealth from baby boomers. 

But, after seeing how expensive memory care is, I have a feeling A LOT of their assets will be transferred to healthcare facilities instead.

What i see usually, is that grandkids only want to inherit the wealth without doing the hard part of taking care of their old farts, so they're just sending them to facilities instead. 

That negligence actually is the main reason healthcare facilities exist in the first place. The price of their services is a good evidence of the market being off-balance in terms of demand/supply.

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Yes, one of my grannys had the same dementia, so that she didn't even realise it's her relatives around. But my father and mother took care of her until the very end. She passed at 88

And i'm not saying that you actually should do have to care about them in hardcore mode whatever it takes until the last day, but the opposite — most of the millennials simply don't give a fuck about their grandparents at all, when it's actually relatively easy to do until it's not.

Gen-Zers don't even think about their parents, beyond sourcing pocket money from them. People seriously considering themselves child-free deserve the same treatment when they're 80 years old

I used to think this too, but having to witness my dad go through extreme dementia, I am a bit more understanding now. In many cases, it’s not really a matter of if they WANT to take care of them, but if they CAN. 

We tried to take care of my dad over the last year as his mental faculties have declined but he’s at the point now where he needs 24/7 supervision. He’s completely gone mentally. He has a catheter and doesn’t know why so he’s constantly trying to yank it out. 

Situations like this are pretty common with like 10% of the older population now having some kind of dementia.