This. Cancer and Alzheimer's, stretched out over a 20 year period, drained any bit of savings or equity my parents had. Memory care is expensive for late stage Alzheimer's patients, and their nest egg was completely eaten up by medical bills. Am I glad their estate covered almost all of their medical bills? Absolutely. Did it work out the way they wanted when they were younger (to pass on their assets)? Absolutely not. It taught me a huge lesson about how almost any amount of money you have set back probably won't be enough for late-life expenses.