Housing Resource for Elders

Legg Mason released a 142 page document on elder housing,  Aging & Its Financial Implications: Planning for Housing. The report was created “in collaboration with The Center for Innovative Care in Aging at the Johns Hopkins University School of Nursing, to bring [the reader] perspective, research and practical insights to assist [the reader] with the challenges of aging.  The document includes a discussion guide for determining one’s housing needs, information about different types of housing, case studies, a check list, charts, graphs and data, resources and more. Why is thinking about housing important? Because, according to the report, “America is aging and everyone is affected by longer life expectancy. As advanced age approaches, people often need to shift the way they live and/or where they live to accommodate age-related discomforts and reduced capabilities. There are a number of trends that impact decisions related to housing during the years of retirement.”

BTW, the company has more info on aging on its website, available here. I particularly liked the headline on the website about the housing document” “‘NOW WHAT?’ IS NOT A STRATEGY“