How do you determine what level of help your parents need? Meaning, I think my parents are somewhere between independent living and assistive living. We live in different states - over a days drive - so it is difficult to be available for such things as driving to appointments. Driving is the major issue at this point. as well as keep up of the house. I know assistive living facilities have the ability to get my parents to appointments but right now, an assistive living facility sounds expensive for such small services. With that said, my father is hearing impaired and blind due to macular degeneration but is still trying to run a rental business which he cannot do any longer and my mother has a history of strokes and is just weak, and well, old.
One of our thought processes is to sell our house (at a loss due to market) and buy a single story with in-law quarters so they can move in with us. They have a comfortable lifestyle and would help us buy the house - which I guess could be diverting assets for when the time comes for assistive living or nursing home. The other thought process is to go into assistive living so it will already be in place as their physical condition deteriorates. I am just overwhelmed and don't even know where to begin. Any thoughts or recommendations is appreciated.