How many of you support your parents financially?

[zzz]

[quote=dbapig]

I’ve been supporting my parents for a long time. Hence I don’t own house yet.[/quote]

Dba, what other sacrifices have you had to make and how has supporting your parents altered your life and decisions beyond owning a home?

I’m starting to realize I may have to take care of my parents for the remainder of their lives and that makes me wonder if I can handle having children as well. Tough decisions

[scaredyclassic]

long term care insurance.

also, suicide.

Since long term care insurance is expensive, I was planning the suicide route for myself when things looked bleak.

[scaredyclassic]

long term care insurance.

also, suicide.

Since long term care insurance is expensive, I was planning the suicide route for myself when things looked bleak.

[scaredyclassic]

long term care insurance.

also, suicide.

Since long term care insurance is expensive, I was planning the suicide route for myself when things looked bleak.

[scaredyclassic]

long term care insurance.

also, suicide.

Since long term care insurance is expensive, I was planning the suicide route for myself when things looked bleak.

[scaredyclassic]

long term care insurance.

also, suicide.

Since long term care insurance is expensive, I was planning the suicide route for myself when things looked bleak.

[zzz]

oh scaredy, that is awful, i hope it never comes to that.

i’ve struggled with the long term care policies and when they should be bought. see link. i’m more worried about chronic sickness wiping out life savings than i am about having to put them into a home.

http://www.consumerreports.org/cro/money/insurance/longterm-care-insurance-1103/overview/

[zzz]

oh scaredy, that is awful, i hope it never comes to that.

i’ve struggled with the long term care policies and when they should be bought. see link. i’m more worried about chronic sickness wiping out life savings than i am about having to put them into a home.

http://www.consumerreports.org/cro/money/insurance/longterm-care-insurance-1103/overview/

[zzz]

oh scaredy, that is awful, i hope it never comes to that.

i’ve struggled with the long term care policies and when they should be bought. see link. i’m more worried about chronic sickness wiping out life savings than i am about having to put them into a home.

http://www.consumerreports.org/cro/money/insurance/longterm-care-insurance-1103/overview/

[zzz]

oh scaredy, that is awful, i hope it never comes to that.

i’ve struggled with the long term care policies and when they should be bought. see link. i’m more worried about chronic sickness wiping out life savings than i am about having to put them into a home.

http://www.consumerreports.org/cro/money/insurance/longterm-care-insurance-1103/overview/

[zzz]

oh scaredy, that is awful, i hope it never comes to that.

i’ve struggled with the long term care policies and when they should be bought. see link. i’m more worried about chronic sickness wiping out life savings than i am about having to put them into a home.

http://www.consumerreports.org/cro/money/insurance/longterm-care-insurance-1103/overview/

[CBad]

This isn’t something I like to think about. I do support my mother somewhat and have for as long as I can remember. To say my mom is bad with money is the understatement of a lifetime. I have paid for various things for her throughout the years. It’s better to pay some of her bills vs. have her inevitably screw up and ask for $.

She’s only in her 60’s but isn’t the picture of health and has zero savings. BUT, my feeling is I will only help her up to a point. I won’t sacrifice the life I’ve built with my husband and children because she has failed to be responsible her entire life. To make matters worse, she takes care of my brother who is handicapped so if anything happens to either one if them it’s a big, big issue.

Basically, my husband and I have run through various scenarios and what we’re willing to give via $ or actual help for each one and for how long. I expect little to no help from my siblings so I’m not counting on them. So we will have to see what the future brings and I plan to stick to the plans we’ve set forth. That may sound cold but when it comes down to it, this is a very emotional issue and I don’t want my emotions to cause me to make an irrational decision that would jeopardize my immediate family. So for example, someone said a nursing home for 18 years at 5K a month? Kudos to you but that ain’t happening with me.

[CBad]

This isn’t something I like to think about. I do support my mother somewhat and have for as long as I can remember. To say my mom is bad with money is the understatement of a lifetime. I have paid for various things for her throughout the years. It’s better to pay some of her bills vs. have her inevitably screw up and ask for $.

She’s only in her 60’s but isn’t the picture of health and has zero savings. BUT, my feeling is I will only help her up to a point. I won’t sacrifice the life I’ve built with my husband and children because she has failed to be responsible her entire life. To make matters worse, she takes care of my brother who is handicapped so if anything happens to either one if them it’s a big, big issue.

Basically, my husband and I have run through various scenarios and what we’re willing to give via $ or actual help for each one and for how long. I expect little to no help from my siblings so I’m not counting on them. So we will have to see what the future brings and I plan to stick to the plans we’ve set forth. That may sound cold but when it comes down to it, this is a very emotional issue and I don’t want my emotions to cause me to make an irrational decision that would jeopardize my immediate family. So for example, someone said a nursing home for 18 years at 5K a month? Kudos to you but that ain’t happening with me.

[CBad]

This isn’t something I like to think about. I do support my mother somewhat and have for as long as I can remember. To say my mom is bad with money is the understatement of a lifetime. I have paid for various things for her throughout the years. It’s better to pay some of her bills vs. have her inevitably screw up and ask for $.

She’s only in her 60’s but isn’t the picture of health and has zero savings. BUT, my feeling is I will only help her up to a point. I won’t sacrifice the life I’ve built with my husband and children because she has failed to be responsible her entire life. To make matters worse, she takes care of my brother who is handicapped so if anything happens to either one if them it’s a big, big issue.

Basically, my husband and I have run through various scenarios and what we’re willing to give via $ or actual help for each one and for how long. I expect little to no help from my siblings so I’m not counting on them. So we will have to see what the future brings and I plan to stick to the plans we’ve set forth. That may sound cold but when it comes down to it, this is a very emotional issue and I don’t want my emotions to cause me to make an irrational decision that would jeopardize my immediate family. So for example, someone said a nursing home for 18 years at 5K a month? Kudos to you but that ain’t happening with me.

[CBad]

This isn’t something I like to think about. I do support my mother somewhat and have for as long as I can remember. To say my mom is bad with money is the understatement of a lifetime. I have paid for various things for her throughout the years. It’s better to pay some of her bills vs. have her inevitably screw up and ask for $.

She’s only in her 60’s but isn’t the picture of health and has zero savings. BUT, my feeling is I will only help her up to a point. I won’t sacrifice the life I’ve built with my husband and children because she has failed to be responsible her entire life. To make matters worse, she takes care of my brother who is handicapped so if anything happens to either one if them it’s a big, big issue.

Basically, my husband and I have run through various scenarios and what we’re willing to give via $ or actual help for each one and for how long. I expect little to no help from my siblings so I’m not counting on them. So we will have to see what the future brings and I plan to stick to the plans we’ve set forth. That may sound cold but when it comes down to it, this is a very emotional issue and I don’t want my emotions to cause me to make an irrational decision that would jeopardize my immediate family. So for example, someone said a nursing home for 18 years at 5K a month? Kudos to you but that ain’t happening with me.

[Author]

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