According to a new AARP nationwide survey, most adults ages 45 and older plan to stay in their current homes and communities for as long as possible, suggesting that the market for aging-in-place residential remodeling is likely to remain strong.
The survey, whose results were released late in 2010, was conducted mid-year by the AARP. It revealed that more than eight in 10 Boomers ages 45 and older – and effectively nine in ten people 65+ – report they want to stay in their current homes for as long as possible.
Aspects of one’s community continue to be the primary motivation for aging in place as one ages, reflected in the two-thirds of survey respondents who agreed that they want to stay in their home because they like what their community has to offer.
Planning ahead is critical for people who wish to age in place. According to Elinor Ginzler, AARP senior v.p. for Livable Communities, “Far too often a person has to break a leg or contract a serious illness to discover that the home they love could restrict their comfortable lifestyle. A few tweaks to key rooms and entrances when boomers and empty nesters are already remodeling can make a standard home more user-friendly for anyone at any age or ability.”