What is Aging in Place? "The ability to live in one's own home and community safely, independently and comfortably regardless of age, income or ability level," according to the CDC. As the baby boomers age, more and more of them wish to remain in their homes. Home is familiar and filled with a lifetime of memories. Most likely they no longer carry a mortgage.
Aging in place will require much thought and planning. Will the home need to be adjusted for handicap access, or are stairs an issue? Is the community safe and is transportation going to be an issue in the coming years? The financial picture of staying in the home should be reviewed with a professional accountant and an estate planning attorney.
Senior Living Options
Sometimes it may not be realistic to remain in the home, however, there may be a condo or townhouse nearby that would be more manageable. Many seniors opt for moving to a seniors' community with independent living that will offer amenities ensuring a vibrant lifestyle with many levels of activities, yet care is available. We had a client who had become a widow and opted to stay in her home for one year. The loss plus the major move from the place they called home for 50 years was too much for her to handle all at once. At the age of 81, she knew her next move would be into a graduated assisted living apartment where she knew neighbors and friends. She lived independently keeping her car, and rarely needed medical attention, however she felt safe knowing that help was available if needed.
When the time comes to make that important decision, our Jones Team is qualified to assist in the preparation involved in moving. Several of our agents hold the SRES® designation – Seniors Real Estate Specialists, qualifying them to address the needs of home buyers and sellers age 50+, including lifestyle transitions in relocating, refinancing or selling the family home. Our Jones agents are empathetic, knowledgeable and caring. If you are considering making a life transition, contact one of our friendly and professional Jones REALTORS® today!