It is not uncommon to find people caring for aging relatives while they are trying to prepare for their own retirement or even when they are retired themselves. It takes thought, planning and ingenuity to manage to continue to accumulate money for your own retirement while you are in the position of helping your relatives. It is not news that the longer someone is retired, the greater the influence of inflation. We sometimes find that we need to provide financial support and this needs to be approached carefully.
Whenever possible, look for a low cost or free means of providing support. Check with insurance carriers to be sure which goods or services are covered under the policy. Also verify what pre-certification is needed and what documentation is required. (receipts, doctor's order, etc) If there is a need for home modification and money is tight, try the local carpenter's union. There may be an apprentice who can do the work for a smaller fee as a part of what needs to be learned to become a journeyman. Also, check with trade schools for students who need a project.
Remember that there is always more than one way to accomplish a task.
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