Aging in Place - Most Adults Prefer To Age in Place

Most Adults Prefer To Age in Place

Most adults would prefer to age in place. In fact, 78 percent of adults between the ages of 50 and 64 report that they would prefer to stay in their current residence as they age. This desire to age in place is an issue that is certainly pertinent to the nation today. One-third of American households are home to one or more residents 60 years of age or older. In addition, those who are not able to age in place, and are therefore institutionalized, become drains on the current healthcare system, and put increasing strain on the currently struggling programs of Medicare and Medicaid. In fact, the CDC estimates that, in the year 2002, Medicare spent an average of $9,113 to $13,507 on injuries related to falls. Given the cost of institutionalization, interventions to make aging in place possible should be looked at in a more serious light.

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