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Reply to "Getting affluent parents to spend their money"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]No ideas. My dad hurt his back trying to lift my mom who had fallen. She’s in a wheelchair. I hinted about in-home care now being necessary. I was told that would be too expensive. Meanwhile, they are planning a 35-day cruise. I’ve resigned myself to the fact that they are competent adults, free to make their own (bad) decisions. (They are in their 60s, no cognitive issues, just some combination of denial and cheapness.) It just stresses me out to no end trying to do anything else and getting no where. [/quote] Wow, 60s is still relatively young. They could live for 30+ years, so they might need their money to last for a long time. Maybe they’re not being cheap, just smart in terms of making sure they’ll be able to support themselves for possibly a very long time. [/quote] 60s is not relatively young for many people at all. Virtually no person in their 60s lives 30+ years. Everyone thinks they’re going to be that 90 year old who is just the toast of their assisted living facility, but the reality is that if you were diagnosed with dementia at 65 and it would not be considered early onset. And most people start slipping mentally for many years leading up to a dementia diagnosis. [/quote]
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