On average, a homeowner will spend $3,000 to $15,000 to remodel their homes for aging in place, with most people paying $9,500 to add a walk-in or roll-in shower to a bathroom with safety grab bars and non-slip flooring, as well as a universal height toilet and sink.
The reasons are understandable; aging in place has many benefits. ... Remaining in the home also avoids the stress of relocation and acclimating to new environments, and, even more compelling: aging in place can be cost-effective. Since many seniors own their homes outright, they may not have mortgage expenses.
Aging in place tends to improve seniors' quality of life, which improves their physical health. It also insulates them from the bacterial and viral risks found in senior living facilities, reducing their chance of contracting a serious illness.
In 2019, the national average for non-medical, in-home care is $21 / hour with different state averages ranging from $16 - $28 / hour. It should be noted these are average costs from home care agencies. Private individuals can be retained to provide some of the same services with fees 20-30% lower.
“Low-cost, simple modifications to help people be safer and more comfortable in their homes, such as installing grab bars and higher toilets, continue to be the most popular aging-in-place remodeling projects.”
The local Area Agency on Aging, local and State offices on aging or social services, and your tribal organization may have lists of services. If you belong to a religious group, talk with the clergy, or check with its local office about any senior services they offer. Talk to geriatric care managers.
The studies suggest that in some cases ALTs may reduce costs, though little data were identified and what there were was of poor quality. ... High quality studies assessing the cost-effectiveness of ALTs for ageing in place are required before robust conclusion on their use can be drawn.
In most industrialized Western nations, someone is considered a senior by the age of 65 or so. But remember: That number is based primarily on retirement age and the age at which social benefits kick in. Many people would not consider someone a senior until they're at least over the age of 70.
Aging in place is a good choice for people who are proactive and like the idea of making their own decisions. When aging in place, all the services that might be available at a senior living community must be provided for by the person aging in place or their support network.
What is the major aspect of aging in place? It's the feeling of being at home. Our homes provide us with a comfortable, familiar environment that is more than just a place – it's a sense of stability.
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