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[quote=Anonymous]
What type of dementia? Some have more rapid progressions than others, and some include aggression, which affects care decisions. If you don't know which one she has, get a more accurate diagnosis. Then based on that knowledge, I would research institutions that will take her if her care gets beyond what you can provide, and compare with the cost of a home aide (doesn't actually need to be a certified senior healthcare person).

If you have a sense of when you'll need to start paying more for her care, it will narrow down the possible investment choices. Are you sure you can manage a rental, along with caring for your mother? You can't be in two places at once. You need to calculate whether rent or dividends from stocks will generate enough revenue. If it's just you and one aide at home... maybe? But sending her to a home will definitely cost more than what you can earn from her money.

There are also Medicaid memory care facilities, where they only take people who have spent down their assets. Some facilities have programs in which you can enter as a full-paying patient, then stay as a Medicaid patient. Depending on the state, Medicaid patients can also receive funds for in-home care. Maryland has that service. You need to do some research on all that.
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