A home for the ages

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

If Grandma showed up at your door with her suitcase for a permanent "visit," would your home be up to the task? Nevermind the psychological adjustments that would be required of multiple generations living under one roof -- physically accommodating an older person's physical needs can be a challenge in a house that's not meant for it, according to those who have studied the potential impacts of our graying population. Although most adult Americans expect to "age in place" -- that is, stay put in their older years -- several factors are converging to make that prospect less likely for some of them, according to Elinor Ginzler, senior vice president for livable communities at AARP in Washington. One factor, she said, is the economy: Retirement nest eggs that took a big hit during the recession will be driving older Americans to double up with their kids or other relatives. Plus, the rapidly expanding wave of multiculturalism in this country will restore...