Written by Heidi Nestor, Writer and Editor, Life Alert
It’s a man’s castle; it’s where you hang your hat; and Dorothy knew there was no place like it.
What is it? Home!
Recently I read an article about choices in senior housing. The well intentioned piece outlined the many options and estimated monthly cost that seniors have today with their housing needs.
The array of suggestions included:
Though these options may be good depending on one’s needs, most of them require monthly expenses, such as rent, utilities, community and/or service dues, which can become a costly burden. And with the current housing market not being what it use to be, selling a home today to go into a retirement community can leave you financially worse off than if you had just stayed in your own home.
An alternative, which was overlooked in the article, is the Aging in Place option. Aging in Place is defined by “older adults living independently in their current residence or community for as long as possible.”1 This preference seems to be the best choice since “89 percent of those aged 50 years and over surveyed in 2005 stated that they would prefer to remain in their home indefinitely as they age”.2
So, if a majority of seniors rather stay in their own homes, and current economics indicates it may be more cost effective to do so…then why move at all? The good news is you or your elderly loved one may not have to. Barring inhabiting health issues, anyone over 60 can continue to live in their own homes for as long as they choose just by making some minor adjustments to their house, such as:
By modifying your current home with a few, simple, enhancements you may be able to keep your home and preserve the lifestyle you’ve worked so hard to achieve. And living independently in your own home is key to a long and happy life because, as we all know; the home is where the heart is.
Emily Salomon, Housing Policy Solutions to Support Aging in Place. AARP Public Policy Institute. P.1
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