Wonder if anyone can provide advice on how best to take care of aging parents. Tell me what has worked best for you if you had a similar situation. Here are my constraints: Parents don’t want to travel to US Wife and children don’t want to relocate to India since my children are teens Parents live in a big city (Bangalore) with relatives and siblings of mine in different corners of the city
Consider retirement homes in Bangalore outskirts. It takes some time to convince parents but they will thank you later.
Wtf
Wtf
I am also trying to figure this out. Not sure what to do.
What a stupid response. Flagged.
Flagged
It’s not the US.
Guns know no boundaries
Unfortunately retirement home is probably the way to go :/ they have long waiting lists - best to try and put yourself on it as soon as you make the decision
How old are your parents? If they can take care of themselves, build them a good and continuous source of income so that they don't have to ask you for money or help. Encourage them to splurge, spend the money as they see fit and not save it. Visit them yearly if not every six months.
How did you build them a source of income?
Built them a house for rental income. FD in their name for enough amount - interest from it is yet another source. The money from both is theirs and goes directly to their bank account.
Dude! Money is virtual. You are not born to earn and die. What you have earned until now is not even 10% of population holds. Reduce your expectations. Your parents helped you to reach to your today's state. They didn't put you in hostel when you needed parenting. Give them back! Don't fall for money and Western culture. US infra developed for US culture. It's not same case here in India. Rethink.
This 👆🏼
Exactly
Why not go back?or work from Singapore
Cause he selfish.
Retirement homes are an excellent choice My father moved to one after my mother passed away, he likes it. So many activities and a big social circle with people of their age.
And you live here in US with wife and kids 🤦♂️
Agreed on the retirement homes. They have come a long way, and some are top notch with on sight nurse and doctor 24/7. And the ability to spend time with people their age group but coming from different backgrounds is a different experience.
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