Cost of Living Calculator-NH for MIL. I used the one on the forum here. Hubbie and I are trying to figure out how we are going to put his mom in a nursing home when that time comes. We only put her info in. She only gets SS which is approx. 1100 a month. She owns nothing, no car, no home. She has no life ins, no stocks, nada. That's it.
We don't own now, selling ours to help our daughter. We are on one income, my husband's and we still help 3 of our 4 kids and one grandchild. I don't even want to think about hubbie's and my future years as we're no where prepared.
We have, with whatever her savings is (which she's depleting on her darn dog in vet bills), set up her funeral arrangements. That is done. We have not done a POA yet and not sure if we should. She does pay 300 a month for her room here because that is what it is costing us for that extra room. If she weren't with us, we could have rented for less elsewhere. But everything else such as food, water, electricity etc, she does not contribute to.
I do not even know where to start... she could do assisted living now, but is Alz diagnosed and will need more as her disease progresses.