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<blockquote data-quote="Marcie Mac" data-source="post: 252182" data-attributes="member: 47"><p>Lisa, there is a web site I was checking out called <a href="http://www.caring.com" target="_blank">www.caring.com</a> when my mother had started the "I want to come and live with you" spiel. It has a lot of good information on finances, etc.</p><p> </p><p>She has been complaining that the assisted living home she is in -its out your way I think, is too expensive at 2,300 a month and she was going to blow thru all of her money in 5 years. BUT after her money is gone, she can stay and they will take her SS and she gets some back in spending money. And when she gets to the point she can't handle the assisted living, they will move her to the other part of the home for non amblitory.</p><p> </p><p>From what I understand on the reverse mortgage, there are very high fees on start up, I think it was 10,000</p><p> </p><p>But I totally understand mother in law's wish to go home - its hard when you have been so independent and living the way you want. Shoot, when I had foot surgery and had to be on crutches for a few weeks, my family had a good view of how "I" was going to be when I got older and lost my independence LOL</p><p> </p><p>Marcie</p><p>Marcie</p></blockquote><p></p>
[QUOTE="Marcie Mac, post: 252182, member: 47"] Lisa, there is a web site I was checking out called [URL="http://www.caring.com"]www.caring.com[/URL] when my mother had started the "I want to come and live with you" spiel. It has a lot of good information on finances, etc. She has been complaining that the assisted living home she is in -its out your way I think, is too expensive at 2,300 a month and she was going to blow thru all of her money in 5 years. BUT after her money is gone, she can stay and they will take her SS and she gets some back in spending money. And when she gets to the point she can't handle the assisted living, they will move her to the other part of the home for non amblitory. From what I understand on the reverse mortgage, there are very high fees on start up, I think it was 10,000 But I totally understand mother in law's wish to go home - its hard when you have been so independent and living the way you want. Shoot, when I had foot surgery and had to be on crutches for a few weeks, my family had a good view of how "I" was going to be when I got older and lost my independence LOL Marcie Marcie [/QUOTE]
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