Sunday, August 26, 2012

Time is money

Mrs W. is 95 years old.

She married a younger man 65 years ago. Mr. W. is only 91 years old.

They have had paid nursing aids 14 hours a day, from 8 am until 10 pm, 7 days a week, for the last 4 years.

They also know they are very fortunate because they "only" pay all $10/hour.

They found all their help privately, without the use of a managing service/company. Costs would be close to double what they currently pay if they had.

The math is easy to do-$140/day, $980/week, $4200/month.

They also have the other usual expenses-water, lot rent for their double-wide home, food, medications, etc..

Mr. W. reports to being a worry-wart.

He really "stresses over finances."

He's worried they will run out of money.

It's a valid concern...they report both sets of their parents lived to be greater than 100 years old.

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