Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Harshu Vyas who wrote (74241)	11/14/2023 7:33:00 AM
From: Madharry	1 Recommendation Recommended By E_K_S Respond to of 78753

You are pretty young so you have no experience with the customer side of going into a senior home situation. I almost think the main reason people do it is it they can afford it and one of the couples is likely to need special care down the road- alzheimers or worsening diabetes. it allows the couple to stay more or less together when otherwise it would be impossible. but that is a small segment of the population, and still most couples just stay together in their home with extensive home health care. that is usually only tolerable if there are younger family members nearby who can pitch in if need be. My in laws ended up in assisted living once my mother in law was not able to cook anymore and my father in law was not able to golf and they wanted to move anyway to be closer to their kids and grandkids. it was an excellent decision for them. But they went to a assisted living center that was run by a non profit religious organization so there is competition on that front as well. The other situation is where one of the partners dies and the survivor is lonely and out of sorts and wants more social contact and less home management.