Monday, June 18, 2012

What did the wife expect to live on?

Rush shared a story about a couple from New Zealand. Husband diagnosed with terminal cancer, so they sold everything and lived it up for a year, and are now $100,000 in debt.

But when the husband died...what was the wife going to do? Was she going to commit suicide (and I have no problem with that, by the way, if it was her choice) - or try to live without having to pay bills racked up by her husband?

And presumably they have no kids, because if they did, the kids would be on the hook for all those bills....

RUSH: Did you hear about this couple, the "bucket list" couple that lost everything? Did you hear about this? It's a New Zealand couple. The guy was wrongly diagnosed with terminal cancer. So he and his wife compiled their bucket list, and they went out and did everything. They sold their house. They maxed out their credit cards. They went way beyond their credit card limits.

They went $100,000 in debt.

And then they were told the diagnosis was incorrect.

He did not have terminal cancer.

"Frank, 69, and Wilma, 65, who don't want their surname published, say they had 'nothing to lose' after Frank was told in May 2010 that he had only a few months to live. The medical advice turned out to be wrong and though they are happy Frank is alive, their quality of life has been eroded by a spending spree, which included trips to Australia and Fiji. Frank had part of his lung removed following a brush with cancer, and after chemotherapy started getting chest pains and was short of breath.

"He had an ultrasound done and fluid was taken from his pericardium ... for testing. A month later he was given the devastating news it was likely the cancer had returned to his heart and he only had a few months to live. So Frank and Wilma did what many people would do - they made every day count. Frank, who used to own a handyman business in Auckland, gave away $30,000 worth of tools, fishing gear, a quad bike, clothes and household items.

"They sold their house in Wairoa at a loss of $70,000 and cancelled the health insurance. Frank began smoking cigarettes and drinking coffee after quitting during his first cancer diagnosis. The couple went to Fiji for 10 days. They blew $30,000 on food, a five-star resort and fishing activities, expecting his life insurance to cover the costs. 'We had a good time. We spent too much money on food, going around New Zealand and then a business which fell down,' Wilma said. ... It was not until their hospice carer [sic] came for his monthly check-up -- 23 months after Frank was told he was on his way out -- that they discovered the terrible mistake.

"'He said, "I'm here for the last time," and I said, "Why?" He said, "Well you don't have cancer."'"

So they're busted. They're broke. They've got nothing, and they are massive amounts of dollars in debt because he was told he only had a few months to live.

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