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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]As others have said, the cost of care is exorbitant. My mother in law is paying $15k a month for my father in law’s nursing home (technically a rehab, but he cannot do physical therapy anymore and is just in bed for the past year.) they are Umc but not very rich. [/quote]

OP here. Thanks for mentioning the cost of nursing home care. $15k a month for 2 people would mean $360k a year. It seems like it would take $10m in investments to pay for that. DH also wants both of us, and our parents, to avoid nursing homes but instead have in-home care. Who knows how much that would run.[/quote]

Find a top notch CCRC and enter while still healthy enough (ideally by 75).  Sure you pay $300-500K+ in entry fees, but that covers your nursing/memory/assisted living care when you need it.  Good ones mean if you "run out of money/investments" you don't owe anything else---they cannot touch your SS, only your other investments.  
My parents are in one, and there are currently 4 people (all widowed women) who are late 90s/over 100 who "have run out of $".  They no longer pay anything.  Two are still in independent living, the others are in higher level care.  
My parents pay their $7K/month for their apartment and that covers 1-2 meals per day and all utilities/cable/etc.  All they pay is renters insurance.   
Should they need advanced care, all we pay more is for the full 3 meals a day (so extra $300/month/person).  
[/quote]

At 75?  You want me to move to a facility at 75?  I plan to still be getting the Epic pass at 75.  Maybe I won't be able to do that, but I am certainly not going to plan to move to a CCRC at that age.  WTF?  [/quote]

It is funny how many people on this board are fanatics about health and diet, but also plan to be in an old folks home by 75.  I'm old, but my DH is older (in his mid-70s) and he goes to the gym and walks miles every day. We maintain our yard and pool ourselves. We don't plan on needing to be a retirement community until we're in our late 80's, at least. We can afford to pay for any care we will need, and I'd rather stay in my house while we're still enjoying it. [/quote]

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