"Key Considerations for Aging in Place During Retirement"

As 77% of adults ages 50 and up aim to stay in their homes long term, experts emphasize the importance of making necessary improvements and upgrades to support aging in place. These upgrades, such as an aging-friendly bathroom and accessible entryways, can range from $30,000 to $80,000, but are a one-time cost compared to the annual median cost of a nursing home. It's advised to start planning for aging in place early, consider function over design, enlist professional help, and have a financial and contingency plan in place.