<prompt> Human: Parents are aging, medical issues are starting to stack up. They fear that that the feds will take their money if they go into a retirement home. Whatever the reason, theyre maxing out their daily withdrawals and have been doing so for quite some time.Its their livestheir money. Im just sick with the idea that the wrong person will hear about this and scoop the money up. If they insist on this, can anyone suggest safe storage of this currency?Edit:Thanks to the few who tried to help. To those crying conspiracy, that wasnt even my question. I cant control what they do with their money but I can possibly help them protect it. Thats my only objective. This thread turned out to be a great example of why you should be skeptical of getting financial advice online. So many users have made heavy assumptions with very little information.Pretend financial experts abound!Assistant: As I understand it theyre hoping to commit medicaid fraud in the future by claiming poverty while in a nursing homelong term care? That about right?Human: This is exactly what I think they are doing. If they are withdrawing 10k a day, they wont be able to get medicaid because they are going to suspect that OPs parents are withholding assets. Then if they discover that they are, the IRS will probably audit them just in case. OPs paranoid parents are going to get themselves into a really annoying mess with what they are doing. Or they think they are getting away with a grand scheme that no one has ever tried before...Hopefully they can be reasoned with and told that this is a really big mistake...Assistant: If they are withdrawing 10k a day, they wont be able to get medicaid because they are going to suspect that OPs parents are withholding assets.I think odds are high that the parents are withdrawing more like 500 a day their daily ATM limit if they literally have no better plan than to store cash in their house. Safe deposit box?!?Human: You are on the right track. My dad is sharp, and more strategic than people are giving him credit for aside from telling my mom about it. All criticism aside, he literally has nothing to do except think about the best way to do this.  <response>: This may be a sensitive question, but is this something your dad would have done ten years ago? Or is it something new? I dealt with some cognitive issues with my dad and my cousins wifes dad has Alzheimers. Both our dads could be a bit...peculiar, as my mom put it, even in their prime, so its sometimes hard to tell whats because of dementia. But if this is at all out of character, you may want to get him evaluated and the simple test done in a doctors office may not pick it up. My dad had a neuropsych evaluation that caught the MCI. And I know its a scary thing to think about, but cognitive issues can also come from things like vitamin deficiencies, so its something to check. 