Reported 1 day ago
For seniors looking to age in place, various financing options such as home improvement loans, home equity loans, and HELOCs can help cover necessary renovations for accessibility. These modifications, ranging from low-cost adjustments like installing grab bars to larger projects like walk-in tubs, can enhance comfort and safety at home. It's essential to assess individual financial situations and explore government-backed loans or grants, especially for retirees on fixed incomes. Proper planning, budgeting, and consideration of available funding can make aging in place a more feasible and affordable choice compared to assisted living facilities.
Source: YAHOO