Editor’s note: This post was inspired by a recent HousingWire interview with Cameron Carter, CEO of Rosarium Health, on why aging in place is shifting from a lifestyle preference to a financial necessity. You can read the full interview here.
Aging in Place Is Becoming a Financial Necessity, Not Just a Preference
For years, “aging in place” has been talked about as a lifestyle choice — the version where you simply prefer your own kitchen to a facility dining room. That framing is changing. In a recent HousingWire interview, Cameron Carter, founder of health-tech startup Rosarium Health, made the case that aging in place is increasingly driven by cost and capacity, not preference: skilled nursing and assisted living have gotten more expensive, and in some states the wait list to get into preferred institutional care runs two to three years. People aren’t just choosing to stay home — in many cases, they’re staying home because there’s nowhere else to go yet. [Read more…]
If you’re 5 to 10 years from retirement and you haven’t taken a hard look at your mortgage lately, now is the time. Not because anything is wrong — but because the decisions you make in this window can significantly change what your financial picture looks like when you stop working.
