Personal Finance Advice and Commentary

Wednesday, March 28, 2012 3:09 pm
By Jennie L. Phipps · Bankrate.com

Writer and actress Sandra Tsing Loh has an article in the March issue of The Atlantic magazine called “Daddy Issues” in which she bemoans her 91-year-old father’s longevity because, she says, hiring people to care for him is driving her to the poorhouse.

I added up the costs she mentions, and those alone were about $10,000 a month — a staggering $120,000 a year — for live-in help to look after her incontinent and self-absorbed but otherwise healthy father and her dementia-afflicted 72-year-old stepmother. Loh rages:

My family is throwing all our money away on powdering our 91-year-old dad’s giant-baby ass, leaving nothing for my sweet little daughters, with their thoughts of unicorns and poetry and dance, my helpless little daughters, who, in the end, represent me!