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Reply to "Can my in-laws afford to move? Financial gurus, we need your opinion!"
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[quote=Anonymous][quote=Anonymous]They are frail and in their 80's? I would not bother with an independent house for them in the DC suburbs - way too expensive, too much work, and they would likely need to sell & relocate to nursing care before too long. I would look into a home care provider for them in their (presumably less expensive) current environment and hold off on the disruption & expense of moving them until full time care is required.[/quote] You need a continuing care retirement community where there are different levels of care you can move through as you need it. Do NOT waste any money getting another independent home or apartment. Odds are (2 80 year old people!) you will have to move one or both of them to a higher level of care in the next 5-10 years and another upheaval is not good for them or their pocket books. You need to either keep them where they are and get them private help for what they need now or move them to an assistive living/continued care community[/quote]
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