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A member asked:
What are some financial planning tips for seniors caregivers?
A doctor has provided 1 answer
This is tough on all: Advanced planning's essential. Not only the parent but also children must prepare for the future. With nursing homes costing around $225/day on average, the concept of aging in place is becoming more appealing to many. That requires getting a home with universal design, adding railings and other safety features, building a ramp, installing lighting and alarm systems, etc. Aarp may have calculator.
Answered 5/2/2014
5.6k views
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