As the world faces a growing aging population, the concept of 'ageing in place' is gaining unprecedented momentum.
More than three-quarters (78%) of baby boomers plan to continue living in their current home as they age, according to a new study from Redfin. This trend is being driven by improvements in digital health services, as well as financial incentives such as low mortgage rates and various state tax breaks secured during the pandemic, encouraging baby boomers to settle down rather than relocate. The position encourages aging.
The importance of planning and preparing your home for its golden years cannot be overstated. At the heart of this movement is not just home improvements such as non-slip floors and handrails, but also the inclusion of technology for safety and connectivity, as well as comprehensive services for end-of-life care.
What are the most effective strategies and resources for people looking to age well while maintaining their independence and quality of life within their own homes as they age? Over 45 years of experience. Larry Carlson, a veteran senior care administrator and advisory board member for senior care medical technology companies NuAIg and VirtuSense, shares his analysis and strategies for navigating the complexities of aging.
“Having a care plan in place is very important. Not only is it beneficial to be financially prepared in case you need home care in the future, but it is also helpful to have a plan for who will provide that care. It also helps,” Carlson said. “Planning ahead allows people to make important decisions while they still can.”
Article written by Daniel Litwin.
