Shrinking Inventory and Rising Mortgage Rates are Creating “a New Housing Crisis” for Boomers Looking to Downsize

As today’s boomers hit retirement, more and more are grappling with the question, “Do we downsize or do we age in place in our current home?” As this just-published Bankrate article makes clear, the choice isn’t quite that clear. “Baby boomers are struggling to downsize,” the article warns, “and it could create the next housing…

Time to Have the “Assisted Living Discussion” with Your Parent? Consider These Tips on How to Broach the Subject

One of the hardest discussions an adult child can have with an aging parent involves moving into assisted living. Bringing up the topic of leaving behind a familiar home can trigger an avalanche of emotions ranging from denial to defensiveness to anger. With that in mind, if you feel the time is right to broach…

If You’re Thinking of Downsizing for Retirement Living, Plan Ahead and Do it Right

Downsizing – moving into that smaller, better-organized, better-located retirement residence that’s just right for you as you age – is a popular topic these days. We’ve presented dozens of articles here on the AgingOptions blog about where and why to downsize. But here’s an article we’ve found on the MarketWatch website that we think does…

Ride-Share Services Like Lyft and Über Could Help Alleviate Transportation Issues for Many Seniors

It’s interesting to find helpful, aging-related articles in unlikely places. At least, that’s how we reacted when we ran across this article that appeared a year or so ago on the political website Politico. As part of a special report called Aging in America, Politico published an insightful analysis on one possible solution to a…

Senior housing will be a problem in the future.

Can Your House Accommodate You as You Age in Place? This Washington Post Article Shows You How

It has been quite a while since we’ve written on the AgingOptions blog about some of the specific ways people are modifying their houses to make it possible to age in place. For that reason, and because this is a topic we get questions about frequently, we were immediately interested in this timely article from…

Harvard Study: U.S. is Unprepared for Looming Crisis in Senior Housing

Nearly three-quarters of senior Americans want to live in their own homes as they age – but less than one percent of American housing stock is properly equipped to accommodate them. That’s just one finding that grabbed our attention from a comprehensive study by Harvard University called “Housing America’s Older Adults.” It’s a long report…

VA-approved Foster Care Program Provides Loving Home for Vets, and Saves Uncle Sam Millions

A small program that began in Little Rock, Arkansas, almost 20 years ago is now providing home-like care to about 1,000 veterans, at a fraction of the cost of nursing care. Besides saving the Department of Veterans Affairs millions in care costs annually, this initiative, called the Medical Foster Home program, provides loving care in…