Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Eldercare
Reply to "Guilt over assisted living for parent "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]How is everyone paying for these moves to facilities? Selling the house only gives you a few years of care, right?[/quote] Savings. Not everyone is poor. [/quote] +1 My MC/LMC parents (SAHP until youngest kid was 11, then secretary and the other was factory worker, often working nights to get the extra $1-2/hr) were extremely frugal, only times they had any debt was when nobody was working due to layoffs (think manufacturing in the 70s and early 80s---it was very cyclical). Yet they somehow managed to save save save and after selling their home (in a MCOLA) had over $850K for retirement (at age 75 they sold the house). But they drove crap cars and we literally went out to eat once every 2-3 weeks and then it was pizza (no drinks) or Sizzler (buffet). That was it, rest was their own garden and cooking everything themselves---we rarely had potato chips or snacks from the store. They also purchased LTC insurance[quote]. They live nicer now at 75+ than they did most of the rest of their lives. They didn't want to be a burden (we are rich and happily support as needed), so they planned for it. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics