My parents are nearing a point where a decision needs to be made. They live at home still but I do not think they will be able to continue doing so for long. They are both 86. Mom has Parkinson's, osteoporosis, and I believe some form of encroaching senile dementia. Dad has been caring for her, but his recent complications from a bladder biopsy that hospitalized him for several days made it clear that the situation is untenable. I took time off work to stay with Mom while Dad was hospitalized because she can't be left alone like that, but the amount of time I can take off is limited.
We are all of modest means. I rent my home and it is too small to move them into. Their home is too small for me to move into, and furthermore is too far from my work. My options seem to be 1) purchase a home or multi-unit building near my work and live there together. 2) put them in some kind of assisted living facility or 3) hire a caregiver. They are extremely resistant to 2 or 3, and moreover 2 might not be economically feasible. 1 scares me to death - we have a decent relationship with typical parent/child kinds of aggravations particularly between me and my father, but I don't know how much of that might get worse or unworkable if we were living together (I suspect a lot).
Has anyone else made this decision, and do you have any advice? Many thanks.