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Reply to "WWYD: Grandparents Unhappy in Assisted Living and Want to Move Home"
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[quote=Anonymous]NP. My dad was a blue collar worker and my mom stayed at home. Sure, they saved for retirement, but never to the tune of needing $175,000 a year. I don't get involved in their finances, but I know they live on way less than six figures. Granted, lower cost of living, but 24 hours care is astronomically expensive no matter where you are. Back in the early '70s when my parents made these decisions, one blue collar income and a stay at home mom was a reasonable choice. By the way, it sounds like that $175k is JUST for care. What about all the other costs of just living? Food, utilities, housing (yay if the home is paid off, but their are still property taxes), clothing, other medical costs medicare doesn't cover, and so on.[/quote]
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