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We adamantly want to age in place, say experts. A recent AARP report shows that 85% of respondents 65 or older wish to stay in their current residences as long as possible.
Retirement-focused financial advisors can help with both the financial and non-financial preparations to do so.
“We’re often the only professionals people will consult when they’re planning for this phase of their lives,” said certified financial planner Howard Pressman, partner with Egan, Berger and Weiner in Vienna, Virginia. “I saw my clients struggling [with this issue] and I wanted to help them think about the process of aging.”