In a recent talk with a colleague, I discovered that eighty (80) percent of Older People today live in their own homes.
In planning for independence in the future so-called “senior citizens” and “leading edge baby boomers” not only experience the process of change as they add on decades, but have a new awareness of certain steps to take to make the journey easier.
Given this new perception, it seems unlikely today’s older adults will choose to move to “old folks' homes.”
The common dialogue these days goes more like this: “Please do not patronize us as 'senior citizens' – because, despite certain negative stereotypes about aging, we really are quite clear about our choices for a place to live for a lifetime."
Is one of those choices investing in a smaller home- or downsizing?