Issues for Boomers: the illness or death of our parents

[shanti]

7. i'd like to think i'm prepared

Last edited Sun May 20, 2012, 02:21 PM - Edit history (1)

for this, but are we ever? my mother is 79, quite healthy and spry, mind still there (although i notice some fading). although she's certainly not wealthy, she made sure that all of her financial bases were covered when she retired. she was a RN, but didn't work long enough to get a pension, just SS. fortunately for her and dad (who is deceased), they sold their house in So Cal when the market was up, and bought a mobile outright in arizona.

mom even took advantage of a longterm care program through my employer that will allow her to stay in her home with home health care in case anything happens. she's very independent, and definitely doesn't want to go to a nursing home or have one of us three kids living with her, although we all would. after dad passed two years ago after a long bout with COPD/lung cancer, she went on a flurry of financial matters, dividing up all her assets at that time, putting us kids on the mobile deed, etc. then if she should die, we wouldn't have to wait for probate to finish before selling it.

we all call her at least once a week as we all live in cali and she in arizona. also, she has neighbors who watch out for her as well as one of those "i've fallen and i can't get up" thingies.