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Thus, try to find everything you can to help your parents without forfeiting your own retirement funds. If things are deteriorating quickly, either the VA or Medicaid should help your parents with payments for a nursing facility. Taking care of TWO elders, each with deteriorating memory issues, could become quite impossible to do on your own.... you would be working 168 hours a week with very little sleep. No one can do that and survive.
I hope everything works out for the best and it is a win-win for you and for your parents.