Could you imagine a time that your aging parents were no longer independent? They are probably not going to bring up that question. It might be the conversation no one wants to have. Will you, the adult child take on that task? What we see at AgingParents.com is that when no one talks about it, the sudden costs can overwhelm all but the most financially secure. Parents are unprepared and their adult children become very uncomfortable with the prospect of having to help support their aging loved ones.
Sudden costs happen when a parent falls, or has a stroke and becomes disabled. Anything unexpected can trigger the need for help. Mom or Dad (or both sometimes) can’t manage alone any longer. Then the scrambling begins.