Hellobee Boards

Login/Register

Are you (or will you be) taking care of your parents and/or in-laws financially?

  • poll: Will you be taking care of your parents and/or in-laws in any of the following ways?
    Having them live with me (rent-free) : (6 votes)
    10 %
    Sending them money regularly (i.e. a monthly check) : (6 votes)
    10 %
    Paying for (or contributing to) their rent or mortgage : (5 votes)
    8 %
    Paying for (or contributing to) some or all of their monthly bills : (5 votes)
    8 %
    Paying for (or contributing to) an elderly care facility : (4 votes)
    6 %
    Buying them (or contributing to) an asset (i.e. car, house/apartment, etc) : (3 votes)
    5 %
    Other (explain below) : (0 votes)
    No, I am not (and will probably not be) helping out financially in any major way. : (24 votes)
    38 %
    Yes, I will be helping out financially, but not sure how or to what extent yet. : (10 votes)
    16 %
  1. Rainbow Sprinkles

    eggplant / 11287 posts

    @mrs. wagon: I definitely think it is cultural. None of the aging family members in my family have moved in with their children....they all live in homes or have a nurse come live with them/take care of them.

  2. dagret

    grapefruit / 4235 posts

    My parents are super-savers (401k for each of them, Roths for each AND a bangin' pension & healthcare once they retire, with a paid-off house) and should be fine.
    DH's parents should be fine as well...not sure about their financial specifics, exactly, but I highly doubt that 1. they will need help or 2. they would accept our help.

  3. HLK208

    pineapple / 12234 posts

    We want to help them someday but they are about 10 years from retiring.

  4. Sugar.Biscuit

    nectarine / 2063 posts

    We have considered buying a house with my mother so that we could both afford one of a decent size 3-4000sqft. Although that might all change due to inheritance...I'd rather not even think about that right now though, to fresh. The main goal is to get her moved closer to us so that we can keep and eye on her and help her maintain her home. She is only 62 but her physical health is more that of a 78 yr old. She is also partially deaf & her mind is failing, she is so scatter brained. As mom will be much more financially stable then us we will most likely take over managing the fiances & the farm. Not sure about the in-laws, they are very independent and would prob rather go into an assisted living when the time came.

Reply

You must login / Register to post

© copyright 2011-2014 Hellobee