Senior Living Resources

Many older adults want to stay in their home for as long as possible. But even if the mortgage is paid, there are still home maintenance expenses, not to mention costly repairs and replacements.

If mobility is an issue, you may need to rely on a family member or hire someone to help with preparing meals, getting dressed, and other activities of daily living. You may have to modify your home so you can safely age in place. And if you’re no longer able to drive safely, add on transportation costs.

In addition, there are costs that affect quality of life. Social isolation, for example, can take a toll on your physical and mental well-being and increase the risk of Alzheimer’s disease.

These are just a few of the costs associated with aging in place at home. It’s why you may want to consider moving to a senior living community sooner — while you’re still active, independent, and able to take advantage of the many opportunities for leading a healthier, happier lifestyle.

To see how the costs of living at home stack up against those at a CCRC, download our worksheet.