Aging in Place Demands Proper Investments in Home Safety Measures & Technology

Carevive Banner Ad

 

 

As the world grapples with an larger aging population, the concept of “aging in place” is gaining unprecedented momentum.

According to a new Redfin survey, over three-quarters of baby boomers (78%) plan to stay in their current homes as they age. This trend is driven by improvements in digital health services as well as financial incentives, including low mortgage rates secured during the pandemic and various state tax benefits, encouraging baby boomers to age in place rather than move.

The significance of planning and preparing homes for the golden years cannot be overstated. The crux of this movement lies not just in home modifications like non-slip floors and grab bars, but also in embracing technology for safety and connectivity, as well as comprehensive services for end-of-life care.

What are some of the most effective strategies and resources for individuals who want to age in place, maintaining independence and quality of life within their own homes as they grow older? Larry Carlson, a 45+ year experienced eldercare administrator and an advisory board member for elder care medtech companies NuAIg and VirtuSense, gives his analysis & strategies for navigating the complexities of aging in place.

“Having a plan for care is crucial. Not only is it beneficial to prepare financially for any future home care needs, it also helps to have a plan for who will be there to provide that care,” Carlson said. “Planning ahead allows a person to make important decisions while they are still able.”

Article written by Daniel Litwin.

Follow us on social media for the latest updates in B2B!

Image

Latest

Fan-Centric Business Transformation
Prop Room
May 23, 2024

In this episode of the Fans First series, Jesse Cole, the mastermind behind the Savannah Bananas, shares with us that in the vibrant world of marketing, creativity knows no bounds—a philosophy embodied by a prop room and studio teeming with eclectic costumes and outlandish ideas. This creative hub, seemingly disconnected from conventional themes like bananas,…

Read More
Ace Gardner and Jacob Lewis discuss NIL Deals and Transfer Portals
NIL Deals and Transfer Portals are Also Impacting College Staff and Their Roles
May 23, 2024

College sports is undergoing a significant transformation with the advent of Name, Image, and Likeness (NIL) rights and the increasing prevalence of transfer portals. These changes are reshaping how college staff operate, presenting both opportunities and challenges. With the rise of NIL deals and transfer portals, understanding the behind-the-scenes impact on college coaching staff…

Read More
sales process automation
The Future of Business Success Lies in Real-Time Feedback and Sales Process Automation
May 22, 2024

Amid the rapid pace of technological advancements, sales processes are undergoing significant changes. Companies are increasingly pressured to enhance efficiency, accuracy, and customer satisfaction. According to Forrester’s 2023 report, a staggering 90% of global business buyers experienced stalled purchasing processes due to economic headwinds, emphasizing the importance of price transparency and the need for…

Read More
thaly palanisamy as new president
Stenograph, LLC Announces Thaly Palanisamy as New President
May 22, 2024

Stenograph, LLC is pleased to announce Thaly Palanisamy as president. In his role, Mr. Palanisamy will guide Stenograph in executing its strategic vision: Empowering the capture, preservation, and accessibility of verbatim records. “Thaly’s leadership skills, combined with the Stenograph strategy deployed by our talented team, will ensure success as we charter our course for the…

Read More