The old standard of retiring and shuffling off to a retirement community is being re-written by baby boomers who want to enjoy their homes, embrace their communities and age in place as long as they can. By renovating their homes, engaging in the “Village” model, and finding innovative solutions like the Golden Girls Network’s Home Companion program, it’s now possible for baby boomers to stay in their homes longer.
Only 7 percent of retirees have moved into a retirement community, according to a recent study, and 85 percent of retirees hope that when the time comes for long-term care, they can receive it at home. Why is aging in place more attractive to baby boomers than seeking the kinship and services of a retirement community?
* Two-thirds of retirees say they are living in the best home of their lives. With work and family obligations no longer weighing on them, retirees have more freedom to choose the home and location that meets their wants instead of their needs.
* Many retirees want to use their free time to re-connect with their communities and a majority of them (67 percent) want that community to be diverse in age rather than homogeneous.
* With family members living in different parts of the country, half of retirees are keeping their larger homes instead of downsizing to make it possible to welcome family back for vacations and holidays.
And to make staying in their homes more feasible, retirees are developing creative solutions.
For the complete article by Bonnie Moore, Founder of Golden Girls Network, please click here.