When people think of "Dying Broke," they often picture spending their retirement on memorable experiences, influenced by optimism bias. However, the harsh reality is that many will outlive their financial resources due to long-term health care costs, driven by availability heuristic and anchoring bias. The hidden and escalating fees in assisted living facilities, despite their high profitability, add to the financial stress and confusion for families, fueling emotions of frustration, fear, an...