PERSONAL READINESS > Financial Prep

Investing for income after home sale?

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Bob Smith:
JR, bring her home, get caregiver status and get paid for taking care of her. Maybe not the best answer, but is an option. Heck you just built a bedroom you could move into and give mom the master, right.....

JR:
That was my first choice and they would even pay us to care for her. We just don't have the room and to many nightmares with caregivers.

She needs pretty steady care, meds (which I do now) she forgets all the time and can barely walk now.

If it is cost neutral, it s win!

stlaser:
Well JR, looks like you’ve covered all the options. I’m sure I’ll be in your shoes not too far in the future.

JR:
Hopefully not "yourself", your way to young!!

Guys, look at long term care EARLY!!!!

Bob Smith:
The right long term care insurance is a good option if done soon enough. We are doing a hybrid life insurance policy on my wife, if she doesn't need it, it goes to our estate, if she does she is covered quite nicely. Me well, fake a fall and get it over with. Good luck with it JR, I am sure you will make the right choice and I am sorry you are going through this..

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