Tough question to answer as many boomers are faced with the fact that their parents might not be in a position to live alone, yet cannot afford the cost of a nursing home. With teenage children still home and aging parents to worry about, there are other options available to help the 'sandwich' generation. One would be to consider a multi-family residence with one or two bedroom suites on the first floor. This provides easy access for the senior parents while providing privacy. The other option would be to consider Adult Day Care for the parent. Adult Day care is cost effective, provides socialization for the senior while stabilizing the worry that caregivers often go through on a daily basis. Housing and caring for your senior parents are issues that have to be carefully looked in the upcoming years.
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