Many thanks, HomeStretch. To answer your question, my mom would remain in the house. So they would need to tap their nest egg. They have no LTC and ALF is looking like $10K/mo here. They just updated all their legal papers. They are in Schwab which is POA friendly.
I was thinking they should have an AA of 65 income and 35 equities. Or should they set up some sort of ladder? Again, we want to keep it as simple as possible and, as my mother is vulnerable to anxiety, also relatively stable.
Any thoughts?
I was thinking they should have an AA of 65 income and 35 equities. Or should they set up some sort of ladder? Again, we want to keep it as simple as possible and, as my mother is vulnerable to anxiety, also relatively stable.
Any thoughts?
Statistics: Posted by photohistorica — Mon Jan 20, 2025 5:35 pm — Replies 2 — Views 249