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You would probably save money to put him in assisted living. 24 hour care here was $10/hr (I know, low by nationwide standards) which came to $240/day - almost $7000/month. The assisted living facility I put my mom in (which was very nice) was only $3000/mo.
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Hi, memsobelle

This question is one so many try to answer. However, know it is also the primary problem for so many doesn't help you and answers is why you have posted this situation here.

Let's take a quick answer and get to the bottom of the stress, so many of us face. Your parents worked hard all of their lives to save for a rainy day. That rainy day has arrived and now is the time to take care of them.

The reality is one, does your father have enough money for this illness and two, what does his insurance cover. It is likely you will need to find a financial planner to assisted this challenge. There are many ways to shave money off the expected care when a person is living in a structured living setting. An Elder Law Attorney is extremely helpful for cost planning and formulating a 'care plan.' This person can also help with the family situation brought about by siblings and others close to the situation. Your return trip for employment will be a question you must answer for yourself. Certainly having an income is preferable to not, you might also want to speak to the attorney about this also.

I know little about your situation. There are so many variables so my answer is to visit the website for Justice in Aging (justiceinaging.com). No fees are collected to answer questions or to refer you to help in your immediate living area. These people know the legal situation and how to come to a resolution within your locale and legal barriers which may present themselves.

I hope you will find a correct answer for you. Please bring back questions for this group whenever you like. It is my belief that your situation merits a more in-depth look to provide any answers.
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Just bumping up this question as I think it is a great one. Almost 3 years ago when I started the "intensive" part of taking care of my mom - age 91, dementia but healthy, living at home, with Home Instead almost around the clock - minus 24 hours a week when I am there - a friend's sister gave me great advice: She said, my mom and my dad saved all their lives to have money to take care of themselves. So spend the money. I hear her words in my head every time I write out the check. As I mentioned, I am coming up on the three-year mark of this kind of care. I estimate her money will last 5 years. So I just take it as it comes. Would welcome more info though on getting my mom on a list for a memory care facility. About how far out do you have to do this process? An elder care attorney told me to apply for Medicaid when her assets become under $100,000. As I mentioned, I estimate my mom will be fine financially at home till year 5 - but longevity runs in her family!!!! Thanks for any input.
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