You can finance aging in place using a home equity loan, reverse mortgage, personal loan, and other products. You also may be able to qualify for tax breaks and credits.
Nearly half of respondents (47%) characterized aging in place as both a preference and a financial necessity in tandem. The survey, conducted by caregiver supply marketplace Carewell, also found ...
The cost of aging in place renovations will depend on the extent of modifications and the property itself. Early planning is important since the renovation process can take longer than expected.
A HomeCare report citing AARP data describes a disconnect between the desire to age in place and the services needed to support seniors.
As baby boomers begin to age, studies are showing that most older adults would rather stay in the homes and communities they already live in than move to independent or assisted living facilities.
There was no consensus on whether aging is a disease or not and respondents did not even agree on the question of whether the field ought to have a single consensus definition of aging.