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[quote=Anonymous][quote=Anonymous]I would not pay for my parents’ assisted living. My first responsibility is to my children and ensuring my own retirement. My father ended up in a nursing home after a stroke. I got him into one near me that takes Medicaid and started the spend-down process. He ran out of money after only 2 months and the facility applied for Medicaid. He was approved. I visit often because he’s close by and drive him to medical appointments. My HHI is about 500,000 and there is no way that I would spend that on assisted living when he qualifies for government assistance. I owe it to my children to not saddle them with such a burden or choice when I’m old.[/quote]

Wow, you have huge income and couldn't help at all.  Sad.  We make what nursing home would cost so it wasn't possible for us so we had to do medicaid but if I could have private paid, I would have.  You will be a burden, money or not.

OP, we are in good shape.  House paid off, college fund done for a state school and hopefully graduate school ...but we don't have a grand house so it was easier to pay off.[/quote]

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