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Reply to "Parking $300k for 80yo mother in assisted living"
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[quote=Anonymous]I think it’s less about investing and more about spending less on her care (when possible). Transfer the wealth and make her eligible for LTC via Medicaid or something like that. Or find a way to fit all her care needs into her disability budget. Home health aids might be a bit less expensive. Alzheimer’s at advanced stages doesn’t need highly skilled care, esp if her mobility is limited eventually. She will need eyes on her all the time but not the 11k a month eyes. [/quote]
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