| In Montgomery County, the cost to have someone do this 24x7x365 is $16,000/month, and that's off the books, not through an agency. Ask me how I know |
The state paid caretaker is only working 8-12 hours a shift. The day has 24 hours in it, so you need to double or triple the 6k a month. My in laws in home care cost 22K a month (through an agency) and that was 3 years ago. |
What is the point of keeping people with dementia who are bedridden and in diapers alive? I ask in all seriousness. Would anyone want to live like that? |
What other option is there? |
It’s cheaper if it’s a couple. My parents could stay together in their (paid off) home with one caregiver per shift and it was far cheaper than nursing home memory care unit where they forced us to pay for caregiver to sit with mom in addition to regular $10,000 a month. |
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Cost of an in home caregiver is $30-$35 an hour. A year of that is $262,800 at the low end. On top of finding a residence suitable for their needs (one level, handicap accessible). Even if you could accomplish pulling an 8 hour shift of that a day, all day every day, (which would be incredibly challenging if working full time) it only reduces that to $175,200 a year.
So even at $14k a month it’s still cheaper. |
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The ultimate point of saving money for retirement is to be able to pay for care in old age and not be a burden to one’s children. This is what your parents have accomplished.
Why would your mother be horrified at accomplishing the very goal she and your dad scrimped and saved for? It seems more likely that she’d be happy that she is not a burden to you because their money is being used for the purpose it was saved for. |
At present, none. I realize we have major cultural barriers to any sort of death with dignity movement, but I think it's a conversation to be had. There's no reason that we can't have detailed end of life plans, like if I am at stage X of dementia and am bedridden and no longer have bowel and bladder control I authorize withdrawal of nutrition and hydration with palliative care for suffering as I die. |
Exactly. PP is delusional and selfish. Why should a shrinking pool of younger people subsidize a massive group of financially unprepared and declining old people? And why are these facilities so expensive? Because it’s a horrible, draining job. No one wants to care for old people with dementia unless they’re paid well. Like many of the other PP’s I’d want to be killed off humanely if I reach this stage. |
$5k per month? More like $40 per hour. Differential for overtime, holidays and Sundays. More like $5000 per week. |
I plan to keep horseback riding into my old age. My horses have been trying to kill me for years so I figure once I get weak and unbalanced and mentally slow enough, they can finish the job. |
Do you plan to kill them all yourself? Please tell us how you would handle this. We even let them run around running our country. |
For 8 hours a day … |
I think if the family is willing to do some care then this is the only way to make it affordable. move mom into the basement and hire elder care for 40 hrs/week. The rest you do yourself. In some families they rotate the elderly parent between houses. |