Planning for your life post-retirement can be an overwhelming experience. Still, considering retirees are now living longer than ever, it has also become more important than ever to ensure you have the financial resources you need to leave a comfortable and happy lifestyle—particularly if you plan on aging in place. Specifically, there are a few financial tools and resources you may want to become more familiar with; they could become useful once you retire.
More elderly adults and seniors than ever before are looking for ways to modify their home to allow them to age in place. There are some simple fix-ups you can do so that your home can accommodate aging in place.
Most people nearing the age of retirement have plans to remain living in their own home for as long as possible. Unfortunately, healthy aging isn’t a guarantee; in fact, it’s estimated that 40% of people age 65 and older have at least one disability, and two-thirds of those with disabilities have trouble with mobility. Challenges with getting around the house can make aging in place a greater challenge, but the good news is that there are plenty of mobility options for seniors that can allow them to remain at home and retain their independence.
The option for an increasing number of families today is to open their homes to their elderly relatives, whether it stems from need or preference. Grown children often remain at home or return home; single parents frequently share homes with their own parents.
You do a lot of living in the bedroom: you spend your sleeping hours there, and you will very likely spend much of your waking time there getting ready for the day and the day’s end. To age in place successfully, you need to plan ahead for a safe, comfortable bedroom as you would for any room in your house.
When it comes to aging in place, never underestimate the challenge of doing laundry. As you or your loved ones age, it is essential to make sure that your laundry room is safe, convenient, and easy to access.
No matter what kind of storage you currently have in your house, and how much of it you really use to its fullest potential, there are probably at least some changes you can and should make if you plan to age in place.
Modifying your garage is an often overlooked process for aging in place, but doing so ensures that everything you use it for will continue to stay useful as you get older.
Aging in place, also known as living in place, is the ability to live in your own home independently and safely, according to the U.S. Centers for Disease Control and Prevention (CDC). AARP reports that 90 percent of adults over the age of 65 want to remain at their current residence. Furthermore, one in three American households include at least one resident 60 years of age or older.
If you want to age in place, understand that you’ll have to take some concrete steps to create an exterior environment that will make that possible. And doing that means having clear and focused guidelines to help you develop a workable plan.
If trends from the 2010 US Census continue, the number of Americans over 65 will almost double from the 2006 tally of 37 million and reach 71.5 million people. 87% of those surveyed wish to age in place.
Remodeling a bathroom for someone who is aging in place is very different than one based on aesthetics or home value. If you or a loved one are remodeling with an eye toward future needs, there are some important considerations.
Having a pet can improve your Aging In Place experience. Are you wondering if you should adopt a pet as you age in place? This guide will help you decide on the best choice for you.
We cover some of the many mobility options and opportunities that help seniors maintain their independence.
Many homes lack the features to accommodate the mobility and accessibility needs of seniors. By adopting Universal Design principles, retrofitting your home to be functional and stylish is easy.
You can find bath bar options for a variety of spaces. One of the most common places to install a bath bar is inside a tub or shower, as these surfaces tend the be the most slick and dangerous. Another common place to…
The aging of American Baby Boomers, a generation now numbering approximately 75 million, is expected to have an enormous impact on American society.
It can be stressful to provide Alzheimer’s care and dementia care when patients stay at home as the disease progresses, but there are many strategies and resources that can help.
One of the “activities of daily living” that can be difficult for aging in place seniors is bathing. Many homes have bathtubs with high sides that are difficult for seniors with reduced mobility to step in and out of. Water and soap…
If you plan on remaining in your home after retirement, reverse mortgages are another financial resource you may wish to become familiar with. Essentially, a reverse mortgage is a line of home equity that most homeowners age 62 and…
Long-term care insurance is a type of coverage that is intended to cover eligible personal and custodial care expenses that can help you remain happy and healthy in the comfort of your own home. For example, a long-term…