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Eldercare
Reply to "69, zero assets, social security is not enough"
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[quote=Anonymous]OP, I’m in the same situation with my dad, who filed for bankruptcy in his mid-70s to discharge a lot of debt. He’s 81 now and been in senior housing since then, so maybe six years? He gets by on SS/Medicare. I pitch in for emergencies, e.g., when he fell last year and needed to get to the hospital, transfer between hospital and SNF, etc. He announced at Thanksgiving that when he gets older, he has no interest in being in a nursing home and wants to “stay put.” He’s still of sound mind and that’s his decision. I am not compromising my own health, let alone retirement/kids’ college savings for him. Not for my mom, either, though she has a few more assets. Depending on where he lives, there are services available to him. He should use them.[/quote]
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