

He’s talking about his grandparents ending up at 0 or below as well. Whatever we manage to save before retirement isn’t adequate to pay for elder care (unless you’re lucky enough to drop dead randomly), and most of us can’t build generational wealth to pass on. Basically the wealthy will end up buying whatever assets you have accrued over your lifetime.
Yeah, it depends entirely on how many things you’re tracking and how many people need to access it. It’s probably not the right tool here, but sometimes it just is.