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Reply to "Private school vs paying for inlaws extended care"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I would definitely pay for the assisted living. Hands down, no question. [/quote] Same here. This is one of our family's values. My mother watches my children now. I will take care of my parents and my ILs if needed. We are all more of a pooled resource rather than individuals. Luckily I was raised this way, so I will feel no resentment when it is my turn to step up to the plate. A few years ago, I purchased a ground level 2BR condo in Fairfax, near the hospital on a major bus line that I will move my parents into. By they time they need it, it will be fully paid off, plus all rental income goes into a savings account that is never touched, which will be used to remodel the condo to make it handicapped accessible if necessary. Hopefully we will be able to afford nursing care there when we can no longer handle mom and dad.[/quote]I'm in awe of you, pp.[/quote]
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