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Eldercare
Reply to "Supporting parents/in-laws financially in old age"
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[quote=Anonymous]I couldn’t afford to. My mom’s memory care is $10,500 right now but will probably increase to around $14,000 at her quarterly review due to increasing assistance needs. There’s no way I’d be able to pay for that. Thankfully she has her own means but it’s definitely putting a dent in her assets. I’m so lucky that my worst case scenario is no inheritance, compared to going broke trying to make sure her needs are met. Getting old is incredibly expensive.[/quote]
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