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Confused777, with my parents, they came from the old school of saving for a "rainy day" which was common for their generation. They were children of the Great Depression.

For elders who now need a village to take care of them, thus a nursing home, the elder can apply for Medicaid [which is different from Medicare] which will help pay for the room/care.
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Sell their home if they have one to help pay their expenses. If they investments or savings now is the time to spend it for their care.
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Confused, welcome!

In some states, ALs will accept whatever Medicaid pays and the elder's SS and pension less a small "personal care allowance". Some will accept Medicaid only after a certain period of "private pay".

The same goes for Nursing Homes: as far as I know, all states fund long term using home care via Medicaid if an elder qualifies both medically and financially.

Your best course of action is to have a consultation with a certified eldercare attorney or Medicaid Planner in mom's state so you understand how this works.
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