In recognition of American Housing Month and as part of ABA’s ongoing commitment to protecting older Americans, the ABA Foundation today issued a press release with tips for helping seniors “age in place” in their own homes.
“Older Americans make up the largest share of homeowners in the country,” said Corey Carlisle, the Foundation’s executive director. “In order for them to stay in their homes as they age, families and caregivers must plan ahead to ensure the elderly have all the resources they need to be safe, independent and financially secure.”
ABA recommends that seniors carefully assess their financial situation and housing options with a trusted family member or caregiver; consider a reverse mortgage; make modifications to their homes to ensure safety and accessibility; and look into community resources for things like transportation or food delivery if their mobility is limited. Seniors should reevaluate their situation every six months with their caregivers to ensure their needs are being met.