In-home care can be expensive. But you want to provide your Mom or Dad with the best care and the highest quality of life. Having them move in with you may seem like the most logical next step. Before you extend an offer to move in, there are many pros and cons to consider.
PRO: Save Money
The economic challenges many older adults face make this choice seem like a more cost-effective option. And in some cases it is. But it depends upon your aging parent’s needs. Make sure you fully understand how much help they will need and if you will need to seek outside help to meet their needs.
Consolidating utility bills, rent or mortgage payments and additional home expenses from a second household can be money-saving. And if you have younger children, it can also save you money on babysitting!
CON: Invest in Costly Home Safety Modifications
Many people are not aware of the hidden dangers to older folks that are lurking in their homes. From stairways to bathrooms, there are potential risks that can be dangerous for aging parents.
For example, poor lighting in hallways and stairways can lead to disabling falls at night, especially since older adults are more likely to need to use the bathroom in the middle of the night.
If you need more direction for what kinds of modifications should be made, Five Star Senior Living has a comprehensive list of safety hazards in the home for older adults you can review.
PRO: Spend More Time with Your Parent
As we all grow up and go on to live our own busy lives, finding quality time to spend with aging parents can become a challenge. Having a parent move in with you can provide you both with the luxury of connecting on a daily basis.
It also provides you with the opportunity to care for your senior loved one the way they once cared for you. And if you have children of your own, it sets a great example on the importance of taking care of family.
CON: Added Stress Can Hurt Your Family Dynamic
Adding an extra person to your household can add stress to your day-to-day life. Stress can manifest itself physically, emotionally and mentally and can take a real toll on the greater family dynamic.
The additional stress of caring for an aging parent can cause fights between spouses, bickering with children and resentment for a parent. Living together in such close quarters could be detrimental to a parent-child relationship and must be carefully considered before making an ultimate decision about moving a parent in with you.
A Solution in Five Star Senior Living
If you’re not sure that moving an older parent into your home is the right idea but are concerned about the money, Five Star Senior Living can help. We have simple funding options that can help you learn more about financing senior living.