Reply to What is your plan to take care of elderly parents?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]My parents are relatively young (early 50's) [/b]and have a very solid retirement plan in place that will see them financially comfortable for as long as they both live. My mother has MD and will eventually no longer be able to walk so my sister and I both bought houses with walk-out in-law suites in the basements and have them renovated to be wheelchair accessible so she and my dad will be able to live with either of us if they need it. If either of my parents ever need long-term care we will have nurses come into our home to care for them.

I'm very involved with getting my grandparents care planned. They recently downsized into a nice size home that has no stairs so that they will be able to (hopefully) age in place with nurses coming in as needed. My mother and I went with them and talked to an elder law attorney to make sure their will was updated, and to create medical directives, POA's and a trust that will protect their assets in case one (or both) of them end up in long-term care.

My DH's mother is another issue unto herself. She's in her mid 60's, is financially secure and currently has no health issues - which we hope will continue. That being said she is also verbally abusive (to DH, me, and her grandchildren) and very manipulative. She will NOT be coming to live with us. If she reaches a point where long-term care is needed then she will be put into an appropriate elder care facility. [/quote]

You are hilarious![/quote]

????[/quote]

Early 50s =  "relatively" young, seriously?[/quote]

I feel ancient now, thanks PP. I am early 50s and I am quite sure my teenagers are not worrying about how they are going to take care of me. Plus I've got to pay for 4 years of private college for each of them first.  I am thankfully still mobile and have all my faculties. I am even still able to work full time in a reasonably demanding job. I hope I have a few years left before assisted living![/quote]

OP here

Haha- Definitely didn't mean to make anyone feel "ancient".

I have to admit being involved in planning for my grandparents as they age and at least being aware of my parents situation gives me a lot of peace of mind, but not everyone in their early - mid twenties is ready for that. I'd rather know their wishes now while they all are healthy then be left guessing or trying to make situations under pressure if something was suddenly to happen.[/quote]

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