It depends on how you plan things too.
My dad planned for after his death. Everything was saved to be given to me on his death. Well, care home fees are eating that up now.
Dh parents had the same experience with MILs mother. She was like my dad, scrimped and saved for “after her death”. She ended up with dementia too, but lived for over a decade (it wasn’t living, she was bed bound and couldn’t speak for most of it). Everything went within a couple of years.
PIL obliterated their life savings in their late 60s, and gave dh and his sister house deposits. They didn’t want them to wait until they were dead, they wanted to see them enjoy the money and to be frank, we would never have been able to buy a house without it. Renting meant we couldn’t save a penny even into our 40s.
They also put their home in a family trust years ago, which I know not everyone agrees with, but MILs mum had to move care homes three times when ill treatment was caught on camera and my dad was neglected in a home last year when we couldn’t see him when they were shut for covid outbreaks for two months, that investigation has brought up some awful things about the home which was part of an expensive chain.
So as far as PIL are concerned, they will do what they can to avoid paying for care if they can as even though two family members have been in expensive homes, abuse happens everywhere and even paying for the best place you can doesn’t stop that happening.
As for us, as soon as our mortgage is paid off and our youngest is grown, we will be moving into a tiny flat and giving our children a leg up while we are still here, god willing and all that. I won’t be repeating my dads mistake.
He was speaking to me when I visited last, saying how glad he was that he was leaving me the money to pay for dds wedding one day as he won’t be there to see it as she’s little now. I didn’t have the heart to tell him that there won’t be anything left, it’s all going on the care home. He still thinks he’s done right and we will be looked after when he’s gone, he’s too far gone with dementia to understand that he’s paying/how much he’s paying for the place he thinks is a prison.