Parent Care Cost Planner
Plan monthly and annual costs for aging parents, including care hours, housing, medical expenses, and sibling splits.
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Estimated monthly parent-care budget
$2,572
Annualized cost
$30,860
Estimated per-sibling monthly share
$1,136
Weekly time burden (hours)
14
Care and admin time is valued at $35/hour for planning purposes only. Actual costs vary widely by city, care type, and benefits coverage.
Document checklist to organize
- Medicare or provincial health card and supplemental policies
- Medication list and pharmacy contacts
- Primary care and specialist contact sheet
- Power of attorney and healthcare directive copies
- Insurance explanation of benefits from the last 12 months
- Autopay list for rent, utilities, and premiums
- Sibling care contribution agreement (even informal)