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Eldercare
Reply to "How can we avoid getting 'left behind' as the surviving spouse if dementia sets in? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Where did all your money go if you don't have children?[/quote] We have savings and investments. We also own a small house we rent out, and we have another property we use for vacations. I know we could sell, but still ... I know how much MIL pays monthly for her private and live-in aides and it's eye wateringly expensive. DH and his siblings want her to age in place and die at home.[/quote] Sounds like you are very comfortable so screaming poverty is strange. The biggest issue is who will manage your care.[/quote] OP here. I know we are comfortable but even so, I get worried about running out of money when we're old and in need of care. Everything has gotten so expensive because of inflation. MIL pays between 12k and 13k per month for private aides including live-in. And then there's the cost of renovation work to adapt her bathrooms, a stairlift, etc. Yes, who will manage our care is the biggest issue for the remaining spouse, whether it's him or me - without being taken advantage of. Childfree elderly living on their own, especially if they have dementia, are very vulnerable.[/quote]
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