Yesterday my M.I.L. informed me she had just heard that a long time acquaintance of hers recently made the decision to give up living alone and move into an assisted living facility. She said, “I heard that she has no idea of how much it’s costing her, but she has two sons who are rich doctors.”  To hear my M.I.L. talk, everyone is “loaded”—money is no object for anyone she knows.  My response to her was, “That’s very good. She’s lucky to have two rich sons.”  I have to admit that I bristle when I hear about all of her friends’ “rich” children. I can’t help but feel it’s a jab at my husband and me. We do what we can to help her to ensure she has the funds she needs, which leads me to my worry du jour: What happens if she outlives her money? She doesn’t have long term life insurance. I don’t think it was a popular practice among her generation. My husband and I have it and I’m glad we do. Lately I’ve been thinking about how we haven’t needed to support our daughter since she graduated from college six years ago, but now there’s a very good chance we’ll be working to support my M.I.L. at some point.  Oh, well, I didn’t ever want to retire anyway