After attending a recent HomeAdvisor Insights Forum on aging in place, Forbes contributor Richard Eisenberg is doubtful that many Americans will be able to stay in their homes as they grow older.
A study by the AARP found that 73 percent of people 45 and older say they want to stay in their current residence as long as possible, and roughly 90 percent of those over 65 do. But as Eisenberg learned at the forum, “The undeniable reality is that the largest demographic bulge in America is processing through to a place where their homes will become a threat.”
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