When your aging parent begins to seem frail, forgetful, confused, or less able to take care of herself, unfortunately one of the main decisions you are going to face is whether to help her "age in place" so she can continue living in the home with the help of in-home care, or whether it would be a better idea for her to move into an assisted care facility.
It comes to no surprise that the first choice of the majority of older adults is to age in place. However it may not always be the best, safest, or most cost-effective option. In fact, one of the many surprising discoveries that adult children often make is that as time goes on, in-home care can become as expensive if not more expensive than residential care in some circumstances.
Having dealt with this situation personally, this is not an easy decision since there are many good reasons for older adults to remain in their homes, and many good reasons to move. It is a huge commitment to care for an aging parent. If your parent needs 24 hour care think how hard it will be to find consistent, trusted three caregivers a day for 5 days a week and then another three caregivers per day for the weekend.