Move into Mom’s Retirement Home?

Mother and daughter

Mother and daughter

It seems like a crazy idea, but it is yet another consequence of lengthening life spans: maybe you should move into the retirement home with mom.

The number of adult children taking care of parents in their 80s and 90s is rising, and they are likely to be in their 60s and 70s themselves. They may be fed up with  housekeeping and home maintenance. And many spend many hours each week caring for parents.

Now, some are getting their own rooms in the retirement communities where their parents are living, says a story in the New York Times.

There are some 2,000 continuing care retirement communities — in which residents can go from independent living to assisted living to a nursing home over time — in the United States.

Not many adult children have actually moved into their parents’ communities so far, but more are expected to do so, the story says.

The idea is that the children can be closer to their parents but still have their own units. And as they age, they can move from the independent living section to the assisted living section if needed.

But the idea can be expensive, as most of these communities require a move-in fee on top of the monthly rent. The move-in fees can approach $100,000 in some places.

For some adult children, however, the convenience beats the costs.

 

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