I have neighbors and an aunt going thru this right now. All are in their 80's and had retirement accounts and/or pensions. Both burned thru $210k in no time. Take into account they made their money in the 60's-70's when salaries were $6-10k/year, so while that sum doesn't seem like alot by today's standards it's quite a bit by theirs. Both had their accounts drained and houses sold before Medicaid kicked in. Now they sit in a nursing home drooling on themselves. Great way to go out. There's a 5 year lookback too in case someone tries to drain off the funds.