Several factors determine whether it would be best for your parent to live with your or somewhere else.
Before you commit to becoming the primary caretaker, you should talk with your parent.
Listen to any concerns he or she may have.
According to the Forbes article, titled “Aging Parents and The Rise of the Multi-Generation Household,” your mom or dad may be afraid of entering a retirement home.
The good news?
Most nursing homes these days provide great care and good community, making it a viable option.
Still, no matter where your loved one lives, you need to discuss long-term and short-term care needs.
What specific concerns should you address?
- Purchasing of medical equipment
- Arranging trips to the doctor
- Driving to therapy
- Picking up pharmaceuticals
- Monitoring medications
- Preparing food
All of these can be quite demanding and may become too much for you to do on you own.
Despite these stresses, having your parent at home can be beneficial.
Depending on his or her health, you parent could help babysit or do chores.
If not?
Living at home would still allow for wonderful memories and abundant love.
Whatever you choose, be sure to discuss it with your whole family.
It is best to have these conversations early so everyone is prepared when moving day comes.
Remember: “An ounce of prevention is worth a pound of cure.” When making your financial, tax and estate plans, do not go it alone. Be sure to engage competent professional counsel.
Reference: Forbes (July 7, 2016) “Aging Parents and The Rise of the Multi-Generation Household”
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