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Best home modifications for aging in place and how to finance them

October 2, 2020

From the Bankrate website

Most Americans over age 50 prefer to remain in their current home and community as they get older, according to AARP — but to do that, many will need to increase the accessibility of their home by making home modifications.

“What not everyone considers is that you can save money by doing the right home modifications,” says DeDe Jones, a certified financial planner and managing director of Innovative Financial in Lakewood, Colorado. “The longer you can safely live in your home, the less you will need to pay for assisted living care, something that is not cheap.”

Here’s what you need to know about making home modifications as you reach your later years.

From → Finance

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