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Here Comes the Boomers - Open your pockets real wide
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Caregiving
Here Comes the Boomers - Open your pockets real wide
<font face="arial, helvetica, sans-serif" size="1"><div>In this caregiving message board lean on others for advice, tips or just the proverbial shoulder to cry on.</div><div><br /></div></font>
Just a little about life, social security and medicare and probably medicaid too. Because of my mother's condition & care level, she can no longer stay in the memory care unit of her assisted livi
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Cat:8548aeff-cf8c-4e73-ad17-e0a4380e2232Forum:7bd0772e-38a2-437e-9e64-4a31de425465
Cat:8548aeff-cf8c-4e73-ad17-e0a4380e2232Forum:7bd0772e-38a2-437e-9e64-4a31de425465Discussion:5a49b5f4-11a0-48f7-9480-0e4f3e33246c
Forums » Relationships » Caregiving » Here Comes the Boomers - Open your pockets real wide
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Here Comes the Boomers - Open your pockets real wide
posted at August 30, 2012 3:55 PM EDT
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Posts: 1923
First: November 27, 2011 Last: May 18, 2013 |
Just a little about life, social security and medicare and probably medicaid too. Because of my mother's condition & care level, she can no longer stay in the memory care unit of her assisted living. She is total care. To keep her out of a nursing home, I have the option of putting her in a personal care home that has been recommended by Hospice. I went to see it today and it is nice and I like the lady running the place. The rate is basically what I have been paying so that is good - a little over $ 3500 per month. There are (5) ladies in the home now; my mother will make (6) - all are private payers. Here is the life lesson - At 90, my mother will be the YOUNGEST of the group. Now I want each of you to think about how this is going to escalate in numbers when all us baby boomers begin to age. Add in the fact that many have not planned for this sort of expense down the road. So just start thinking about how much all our children and grandchildren are gonna have to pay in taxes just to keep all us old (and really old) baby boomer fed, changed and bathed, long after our fun part of retirement is over. |
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Re: Here Comes the Boomers - Open your pockets real wide
posted at August 31, 2012 6:10 PM EDT
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Posts: 15
First: August 31, 2012 Last: January 20, 2013 |
Wow... I had no idea how expensive it could be. My mother's care is only $2300 month, but she is not considered total care. I won't be able to even afford $2300 month, though. And I doubt if our son will be able to afford it, either. My mother qualifies for VA Widow's benefits, and along with her Soc. Security, those two cover it. My husband and I can't afford long term care insurance, so I don't know what the future holds... |
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Re: Here Comes the Boomers - Open your pockets real wide
posted at September 1, 2012 9:25 AM EDT
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Posts: 1923
First: November 27, 2011 Last: May 18, 2013 |
In Response to Re: Here Comes the Boomers - Open your pockets real wide: Wow... I had no idea how expensive it could be. My mother's care is only $2300 month, but she is not considered total care. I won't be able to even afford $2300 month, though. And I doubt if our son will be able to afford it, either. My mother qualifies for VA Widow's benefits, and along with her Soc. Security, those two cover it. My husband and I can't afford long term care insurance, so I don't know what the future holds... Posted by Deb5247 We will all have to pay one way or another as taxpayers. |
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Re: Here Comes the Boomers - Open your pockets real wide
posted at October 18, 2012 1:46 PM EDT
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Posts: 20
First: April 4, 2008 Last: October 18, 2012 |
When my dad was in assisted living, he paid $6,000/month. Now he is in a nursing home and pays $12,500/month out of his own pocket. In the past 18 months, almost all of the savings he worked so hard for has been wiped out. |
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Re: Here Comes the Boomers - Open your pockets real wide
posted at October 18, 2012 2:49 PM EDT
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Posts: 1923
First: November 27, 2011 Last: May 18, 2013 |
In Response to Re: Here Comes the Boomers - Open your pockets real wide: When my dad was in assisted living, he paid $6,000/month. Now he is in a nursing home and pays $12,500/month out of his own pocket. In the past 18 months, almost all of the savings he worked so hard for has been wiped out. Yes, us Boomers are going to be a huge burden, but you have to wonder how much of a burden younger generations are already placing on taxpayers with the increase of obesity and all the complications that come with that. Not to mention all of the uneducated pregnant teens, substance abuse by all generations, ever increasing over population of jails..... It's a mess. Posted by Agingdiscoqueen This is an additional post to the one I made to you under your hospice question. Your Dad can have hospice care anywhere - not just in a nursing home. That personal care home that I found for my mother was WONDERFUL and hospice care came there - the care responsibilities were shared by both hospice and the care facility. My mother died peacefully - she ate and drank up until the end, never even a hint of a pressure sore, no pneumonia, and we never even had to give her any of the comfort meds for pain. The caregiver just laid her down after her breakfast one morning for a nap and she just passed. |
Forums » Relationships » Caregiving » Here Comes the Boomers - Open your pockets real wide
