Stay
Stay As-Is
Best fit when: home is manageable · costs remain reasonable · strong support network · layout still works · homeowner wants to stay
Investigate: what may become difficult over the next 5–10 years?
Stay + Modify
Examples: bathroom changes · grab bars · improved lighting · ramps · flooring · smart-home technology · lawn/pool outsourcing · home maintenance support
Question: would modifications make staying easier and safer?
Right-Size
Right-Size to a Smaller Home
Examples: smaller single-family home · villa · townhome
Consider: maintenance · taxes · insurance · accessibility · location · remaining equity
Condo
Consider: exterior maintenance · HOA fees · reserves · assessments · insurance · building rules · accessibility
Move
55+ Community
Consider: amenities · HOA/community fees · activities · home maintenance · location · restrictions · social environment
Rent
Potential advantages: flexibility · less maintenance · less capital tied to housing
Questions: what is rent likely to cost over time? What services are included?
Move Closer to Family
Consider: support · transportation · healthcare · lifestyle · climate · tax implications · emotional impact
Independent Living
Private living with varying levels of services, amenities, meals, transportation, and social activities depending on the community.
Assisted Living
Residential housing that may provide support with activities of daily living and other services depending on the provider and resident needs.
Continuing Care / Life Plan Community
Some communities may provide multiple levels of housing or care within one system. Investigate: services · licensing · contracts · entrance fees · monthly fees · healthcare/care availability · refund provisions · financial requirements
My Options Shortlist
My Top Three Options
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What I Need to Know Next
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You don’t need to decide today. You do need enough information to know what choices you actually have.
This resource is for educational and planning purposes only. Tax, legal, financial, insurance, healthcare and eligibility questions should be confirmed with the appropriate licensed professional or government agency.