When your parent becomes more reliable on others for their every day lives it may be time to live together. There are some benefits to taking care of your elderly parent at home. Some of which are:
- If you have children this gives them a better opportunity to get to know their grandparents in a way they wouldn’t have before.
- Your parent’s will be able to help out financially. Before they move in it is a good idea to discuss what their monthly contribution to the household will be. Will they pay rent? Pay for food? Pay for care?
- You will have the piece of mind knowing they are well taken care of and safe.
- You will create a bond that you wouldn’t be able to have if they were living somewhere else.
- If your parent is still relatively healthy they may be able to help in caring for your children, reading them bedtime stories, playing games and more.
- Caring for your parent at home is much cheaper than placing them in a care facility.
- Even while they are living with you they still can qualify for supplemental income through ALTCS.
When making this decision there are many factors to think about. We have listed a few below:
- What are the expectations of care you are able to provide?
- What will you do when you go on vacation?
- Is your home elderly friendly with wheelchair or walker accessible, grab handles, bedroom on the first floor, etc?
- If their care becomes more than you are able to provide what will you do then?
- If your parent is ill, be prepared to learn everything you can about their illness and how to care for it?
- Find a reliable place you may need to take your parent for respite care for the much needed breaks.
- Discuss the arrangement with your spouse, children, brothers and sisters so everyone is on the same page and understanding of the care and expenses.