- 914.468.0185
- info@agingissuesmgnt.com
- 143 Broadway, Suite 110, Hawthorne, NY 10532
As you approach retirement, you may be wondering whether to sell your home or age in place. Is my home a safe place to age for me?
Trends are about 60% of baby boomers who are selling a home are also buying another home, but only 40% of sellers in the silent generation are buying again. They are looking for housing alternatives and need to evaluate financially what they can afford. If you’re considering selling your home, it’s important to consider factors such as your financial state, the housing market in your new locale, how well you know the area, where is your support system (family) and how confident you are that it’s your last move or is it a transition home.
On the other hand, if you’re considering aging in place, it’s important to evaluate whether your home is safe and comfortable for you. You can make modifications to your home to make it more accessible, such as adding handrails, modifying flooring, or installing a walk-in shower or bath. If you are concerned about the safety of your home, AIM LLC, a Senior Real Estate Specialist, can conduct a home safety evaluation.
Remaining in your current home as you age.
Modify your home for safety and accessibility, allowing you to stay comfortably.
Familiar surroundings, independence, and community connections.
Residential communities for active seniors.
Private apartments or cottages with amenities (e.g., meals, housekeeping).
Social engagement, maintenance-free living.
Residential settings with support services.
Assistance with daily tasks (e.g., bathing, medication).
Personalized care, social activities.
24/7 medical care for seniors with complex needs.
Licensed nurses, rehabilitation services.
Intensive care, specialized programs.
Combines independent living, assisted living, and nursing care.
Residents transition seamlessly as needs change.
Long-term planning, community amenities.
Affordable housing options for low-income seniors.
Rent based on income, often government-subsidized.
Financial relief, community support.
As we age, we demand specialists for our health needs, so why not for our housing needs as well? Aging Issues Management helps senior citizens with family financial decisions related to housing and the effects on retirement.
We provide support with financial decisions before, during, and after the sale of a family residence. In the case of Aging-In-Place, we can recommend ideal renovations to create a barrier-free environment for those who have mobility difficulties. We do our best to create a harmonious and seamless blending of efforts during this stressful time.
WhereYouLiveMatters.org is an excellent resource for learning about senior housing options, including family and lifestyle decisions related to housing.
Modern Ideas, Modern Living: Home Design and Planning for the Lifestyle You Want discusses people’s changing environmental needs and wants with age, examines elements of the age-friendly home and neighborhood, and provides checklists for homeowners thinking about the future.
Simple Solutions: Practical Ideas and Products to Enhance Independent Living is a guidebook featuring more than 200 simple design ideas and household products that can make your home more comfortable, convenient and safe.
Fire Sense: A Smart Way to Prevent, Detect and Escape Home Fires Fire safety is not a one-time project. You must continually be on guard against the fire hazards in your home. This valuable booklet can help you and your family prevent, detect and escape home fires.
We help develop a 4-step Comprehensive Housing Analysis to ensure financial and housing stability for all family members as they age.
143 Broadway
Suite 110
Hawthorne, NY 10532
*Disclosure: Aging Issues Management LLC is a registered investment adviser. Advisory services are only offered to clients or prospective clients where Aging Issues Management LLC and its representatives are properly licensed or exempt from licensure. This website is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Aging Issues Management LLC unless a client service agreement is in place.
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