With the sheer numbers of Baby Boomers that are now heading into retirement age, they are definitely driving the trend toward aging in place — remodeling their homes so they can live in them longer as they age. But other drivers are influencing this movement, such as multigenerational housing, acute or chronic health conditions and awareness of aging-in-place or universal design products available on the market today.
“For Boomers that we define as Leading Boomers — those who will be 60 to 68 years old in 2014 — it’s about ‘living in place,’ not aging in place,” says Jack Suvak, senior director of market research and insights at Moen. “Living in place could mean in the same home or living in the same community in another, smaller dwelling. What do they have to do to make sure they have a safe, comfortable and stylishly looking home?”