<p>Ironically, those elderly who have kids who are in terrible financial staits end up with them as caretakers as they need their parents’ home and social security checks to make ends meet. The upscale elderly I know tend to have made their arrangements with assisted living or some agency. It’s not a sweet heart deal ot have ones children looking after ones elderly selves either. Elder abuse and neglect is rampant. </p>
<p>I’m at home still and have both mothers here who will stay as long as I can care for them adequately without too much stress. I have help with them and the house from their funds which for now makes it easy. If they have too many needs, then into a nursing home they will have to go, or full time help if I can find it on a reliable basis. I 've known many who could not. I know how far I am willing to go with them, MIL has been in nursing homes for stints to recover from procedures. Not going to provide nursing care here is one of the lines drawn. I don’t look at this as an analogy to raising children, by the way. Not at all. A whole other thing.</p>
<p>I am glad that I stayed home and took care of the household things which gave DH flexibility and the kids/family someone who could trouble shoot and make life just a little bit easier most of the time, and a lot easier during some rough times. It was a calculated risk that if anything happened to the marriage, DH’s health, his worth on the market, that there was a cost ot having me at home. Given the number of kids we had, the nature of DH’s work, the moves that were important, the problems that arose, there was a lot of value having me there. I don’t think I could have taken much of a job, given all that was happening with so many children and the issues at hand. So, yes, my market value is diminished, but by how much, I don’t know. As a statistician who has had a teeny tiny hand in the market, it appears that if I so wanted, there is work available, but I doubt I could make a lot immediately. Teaching math is another possibility. But unless I got a toe hold in the public schoools which would have greatly compromised my ability to be at home, it’s not like I’d be much better off. </p>
<p>Ironically, my brother who is a SAHD is shocked to find out that he can make $1500 just watching other people’s kids and chauffering them to after school activiites–he has three kid from two families that pay him to do this as they work. His kids are in the same activities, and they asked him and offered him the money to just take them with my niece and nephew. I always took kids for free but needed payback in hours and help. He’s getting the cash. </p>
<p>Talk about stereotypical roles. Though he is the SAHD who does the meals, house cleaning, driving the kids, the financials, he also takes in the cars, does the handyman work–they own a rental and he deals with that 99.99%, all of the lawn wor, and those where things he did when he worked as well, and it’s what the males in his neighborhood do, not the females as a rule. He does most of it all himself which saves a lot of money in terms of lawn bills, repair bills, etc. But he also is the school parent as my SIL works at least 60 hours a week, often more.</p>