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[quote=Anonymous]My father never invested in long-term care. Years later, he was diagnosed with Parkinson's, and over $1m was gone just for in-home care. Mom paid $60K/year for nursing services and of course, there were medical supplies and meds - and trips to the ER. My husband and I invested shortly after Dad died. There's no way I'm sticking my kids with my health issues. [quote=Anonymous]My elderly cousin who has been paying out of pocket for round the clock at home care is about to run out of all of his assets. [b]I am worried my parents are going to run through their own retirement assets supporting him, which means they will have none for themselves, which means I won't be able to support myself in old age,[/b] etc etc. He gets about two thou a month in SS. He lives with his sister rent free. But he needs nursing care. Would he be eligible for Medicaid nursing home or home health aides?[/quote][/quote]
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