With the current state of the economy, everyone is doing what they can to cut costs.
However, one man has gone viral with his claim he intends to retire at a hotel rather than a nursing home.
A post on Facebook went viral after a Texas man said he has done the working out, double checked his math and is convinced he can retire at a Holiday Inn for cheaper than a nursing home.
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Back in 2019, Terry Robinson, from Spring, TX, said he has no intention of checking into a nursing home and would rather the hotel.
In the post, he highlighted that, in his opinion, the hotel offered better bang for buck with perks like breakfast, special TV movies, spa, swimming pool as well some of the free toiletries.
While it all might sound a bit wild and far fetched, the latest Bureau of Labor of Statistics highlights that things can get pretty expensive for those above 65.
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The data states that households that are 65 or older spend an average of $45,756 per year, or roughly $3,800 a month.
That's just $1,000 short of the average spent by all US households combined.
Robinson said he would get all of the perks he listed in his Facebook post and more for just $59 a night compared to a nursing home, which he claimed was triple that at $188 a night.
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While it might sound good on paper, it is worth noting that nursing homes offer around-the-clock care, medical supervision, three meals a day, assistance with everyday activities, and even some rehabilitation.
However, Robinson said he wasn’t worried about the need for medical attention and said he would ask someone at the desk to simply call an ambulance for him. Problem solved... i suppose.
Holiday Inn has said that a similar post has long circulated social media since 2004, and another post back in 2016.
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However, they still welcomed Robinson with open arms and even highlighted another perk he might not have thought of.
In their statement they said: "While we’re not certain how Mr. Robison arrived at his current budget calculations, we look forward to welcoming him when he reaches his 'golden age'. He did miss one big benefit in his long list of reasons to stay with us – kids eat for free at Holiday Inn. So that’s another excuse for the grandkids to come and visit."
Gerrard Kaonga