My Dad is getting worse with his mobility and I'm afraid he'll have to go in to a nursing home much sooner than we thought.
We can't take him in our house since we a level up and only have one bedroom.
I was thinking that we had time to "spend down" his bank account before he would go in to a nursing home but it's starting to look like he'll be in a home within a year.
He rents a senior apartment and has no vehicles. His house was sold just over 5 years ago and after he payed the mortgage off he was left with $10,000.
I was wondering since he can buy things for himself to spend down the bank account, could he buy Gold and Silver, not jewelry but bars and coins? It would be something that he could cash out after a few years to buy himself a new power scooter or lift chair or whatever he'll need/want.