Should you stay or should you go? Deciding between aging in place and downsizing to a low-maintenance home or senior community is a major life decision that affects comfort, safety, and finances.
In this episode, Sara and Lisa dive into the pros and cons of each option, helping you (or your loved ones) make an informed choice about the best path forward.
What we cover in this episode:
What is Aging in Place? Understanding what it really means to stay in your home as you age.
The Pros of Aging in Place – Maintaining independence, staying in familiar surroundings, and avoiding moving costs.
The Cons of Aging in Place – The hidden challenges, from home modifications to potential social isolation and long-term costs.
When is Downsizing the Better Choice? – The benefits of transitioning to a low-maintenance home, independent living, or assisted living.
Financial & Lifestyle Considerations – The real cost of aging in place vs. downsizing and how to plan ahead.
Key Factors to Consider – Safety, mobility, family support, and personal preferences.
Whether you're planning for yourself or helping a parent or loved one, this episode is packed with valuable insights to help you navigate this important transition.
Subscribe to The Sandwich Generation Podcast for more conversations on senior living, real estate for aging adults, and making the best decisions for your family.
Have questions or need expert advice on downsizing? Reach out to Indy Real Estate Experts – we’re here to help!