How to Finance Aging in Place Renovations: A Fully Accessible Guide

In a 2017 study, AARP found that 95 percent of people ages 65 and older preferred to stay in their own homes as they aged. It’s a process known as aging in place – in which older homeowners retrofit their homes to accommodate growing older. It’s a popular alternative to relocation, whether it’s to a nursing home or retirement facility.

Staying in your own home as you grow older offers many benefits. Homeowners can enjoy a stronger sense of safety, comfort, independence, and privacy. Though the renovation cost may be high, it can still be cheaper to age in place than it would be to move to an assisted-living facility.

https://www.bankrate.com/loans/personal-loans/aging-in-place-renovations/

Posted by editor on Tue, 15 May 2018 09:05