retirement

Moving parents in with you

Be ready for changes
Be ready for changes © Kuznetsov Alexey/Shutterstock.com

Fernandez recommends consulting with a professional geriatric care manager to develop a plan of care. "You need experts to help guide you through the many resources available to the aged in your neighborhood," she says.

What is your parent going to do all day? Even if he doesn't need constant supervision, says Modigliani, "They are giving up their entire social network, and some thought needs to be given to what their lives will be like. Otherwise, they will be quite isolated."

"It's a tremendous change," Zucker says, "But if children and grandchildren are in the neighborhood, it can be a very meaningful time."

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