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5 Things to Consider Before Moving Your Parents Into Your Home

May 22, 2023 | Leave a Comment

You may be getting signs that your parents are no longer fit to live independently. According to the NFPA’s annual survey, in the U.S., a fire is put out by a fire department every 24 seconds. With the forgetfulness that comes with old age, your parent’s health may pose a danger to themselves. To avoid the stress that comes with leaving your parents living on their own, you may be considering moving them in with you. Before doing this, you’ll need to consider a few factors.

1.  Cost

You probably prefer moving your parents into your home because you consider it a more cost-effective option compared to assisted living residency. While this option is slightly more affordable, moving your parents into your home will incur several costs. First, you may need to remodel your home to create room for them. For instance, your elderly parents may be unable to go up the stairs to access a bedroom on a different floor. Someone in the family may also need to give up their space. Talk to your children and ensure they’re comfortable with the arrangement.

Second, your utility bill will go up. You’ll still be paying your monthly bills like the mortgage and insurance. With your parents living with you, you’ll pay more for your groceries, water, and electricity.

2.  Care

Figure out the care your parents need before moving them into your house so you can care for them. For instance, NCAL states that 57% of Florida assisted living facility residents require assistance with walking. Before moving your parents into your home, find out if they need assistance walking. Be prepared to be a caregiver if your parents require that. While some parents may be healthy and mobile well into their old age, others may have illnesses that make daily activities harder to carry out. So, find out if you can provide that type of care or if they can comfortably care for themselves at home.

Remember that the dietary needs of aging parents are a major factor. Most families make do with regular take-out meals. In an article published by the Law Firm of Walter Gabriel, LLC website, in 2020, 48% of Americans admitted to ordering takeout using Grubhub, Uber Eats, DoorDash, or Postmates. If this is your norm, you may need to adjust and make more homemade meals with your parents in the picture.

3. Isolation

After removing your parents from their former home, they may lose their friends and neighbors with whom they are used to interacting. The new environment may be detrimental to them. Your parent’s social circle is most likely dwindling at this age, yet companionship is crucial at any age.

Consider if your home is in a conducive neighborhood where they can meet other people their age. Look around to see if there are social groups for older people to join and participate in. Strong social bonds have been associated with longevity and a better quality of life.

4. Support

Another critical question is whether you and your family have the support you need to care for your parents. Living with your parents after years of living apart is quite an adjustment. They’re likely to criticize many of your decisions, which may result in arguments. If you’re their primary caretaker, ensure you have moral support to avoid suffering burnout.

5. Relationship

What is your history and relationship with your parents over the years? A positive relationship will create a conducive environment for your parents and other family members, while a negative one will result in the opposite.

Moving your parents into your house is a huge decision you should arrive at after serious consideration. Avoid biting more than you can chew and rationally make this decision. Once you decide they’re better off in your house, be prepared to care for them.

Filed Under: Money and Finances

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