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What Is Aging in Place, and Is It an Option in Your Current Home?
What Is Aging in Place, and Is It an Option in Your Current Home?

Yahoo

time30-05-2025

  • General
  • Yahoo

What Is Aging in Place, and Is It an Option in Your Current Home?

As people age, they're faced with a choice between continuing to live in their own homes or opting for a senior living arrangement. More and more, families are making the choice to stay put as part of a phenomenon known as aging in place. Aging in place has many different interpretations, but the U.S. Centers for Disease Control and Prevention defines aging in place as 'the ability to live in one's own home and community safely, independently, and comfortably, regardless of age, income, or ability level.' The National Institute on Aging calls aging in place staying in your own home as you get older and has tips for connecting to local resources to make aging in place easier, as well. Essentially, aging in place is making the decision to stay put as you get older—and then making the necessary accommodations and renovations to make your home as safe and accessible as possible. Once you've decided that you do want to age in place—which is a choice you can make years or even decades before the fact, if you're planning far in advance—you need to consider whether that's a possibility in your current home. Some homes—those with multiple stories, for example, or those with narrow passageways that would be difficult to widen—aren't as accommodating of modifications for aging in place as others. Moving into a home that can be easily modified years before you actually need those modifications can make your transition into aging in place much simpler and less stressful. As you consider your options for aging in place, these experts have some insights into whether you should upgrade your current home or purchase a new one. is a vice president at Caring, a company that helps seniors and their families find the best living and care solutions for their needs. is an author, speaker, and senior living design expert who founded Mosaic Design you make the choice between staying and upgrading your current home or finding a new home better suited to aging in place, ask yourself: Do you feel safe and connected in your current neighborhood? Many seniors are reluctant to leave their current location because they have local support, connections to doctors, a favorite grocery store, et cetera, says Susann Crawford, vice president at Caring. But if you feel unsafe in your current location or disconnected from neighbors or relatives, you might look for a different location, says Lisa Cini, an Ohio-based designer specializing in senior living. If your home needs all of the necessary upgrades but you lack the cash flow to complete the upgrades, you might be better off selling your current home and buying a new one that's already been upgraded with key aging in place features. This could even yield some profit, which you can put toward other future needs, such as in-home nurses or caretakers. Crawford says most home contractors these days are familiar with the types of common requests for aging in place upgrades, and you should be able to easily find a local pro to help with the installation of shower grab bars, for example. Cini, who specializes in consulting with senior residents about the safety of their homes, suggests hiring a designer like herself to come in and tell you what parts of your home pose a risk before deciding to move. If you think you'd rather move onto a different property, look for a new build. Many new builds have larger hallways, doorways, and stairways, Crawford says. They might even come with some key aging in place features, as builders account for the growing number of seniors in the housing market. 'There are homes specifically built to accommodate future needs, and we're seeing more and more builders taking that into consideration and having those options available,' Crawford says. Tell your real estate agent what you're looking for as you house-hunt to make sure you're seeing the full range of aging-friendly homes. Once you've determined that your current home can be modified to suit your needs as you age or you've found a new home that is well-suited to aging in place, it's important that you do everything you can to minimize the risks associated with aging—namely, the risk of falling. Here, our experts suggest key rooms and features to consider as you prepare your home. Falls are common in the bathroom, where moisture is ever present and surfaces are slippery. As you assess the safety of your current home to make it better suited to aging in place, start with this room. 'It's dangerous from a slip and fall standpoint, and a lot of times the lighting is not good,' Cini says. One way to combat these risks is to install grab bars in the shower and near the toilet for added stability and to aid with balance. Cini suggests a bidet, as well, to make bathroom hygiene safer. You can address problems with body temperatures by installing combination heat light bulbs, Cini says. And there are also mirrors that resist fogging, which makes it easier to see yourself and prevent slippery condensation from building. Related: The 6 Best Bidet Attachments, Tested by BHG Lighting is another common factor in at-home falls and other accidents. Poor lighting makes it difficult to navigate the home and even prepare meals in the kitchen. If you're choosing to stay in your current home as you age, adequate lighting is a good feature to invest in, Crawford says. 'Older homes tend to be darker, more dim, and there are not as many windows,' Crawford says. 'And people trip and fall when they can't see well.' The problem of low lighting compounds other mobility problems. Cini says that, generally, older adults require more lighting than younger adults. Additional overhead lighting can be a simple fix. Consider adding lights in your kitchen, bathroom, and bedroom, as well as above staircases. Related: 5 Smart Home Upgrades that Can Make Every Day a Tiny Bit Easier Other potential navigational obstacles in the home include narrow hallways, doorways, and staircases. Many older homes were designed with narrower spaces and can be difficult to navigate if you end up needing a wheelchair, walker, or cane. Newer homes, on the other hand, have wider doorways and stairways. 'It's so much easier then to install something like a chair lift,' Crawford says, should you need one down the road. Another factor to consider is the number of stories in your home. If you often have to negotiate steps, you might want to consider moving your bedroom to the main floor or finding a ranch-style home. Keep in mind that even single-level homes can pose risks. Watch for steps into the garage or up onto a porch or entryway. There can also be difficult transitions between rooms and types of flooring. An easy way to make your home aging in place friendly is to remove area rugs, which can pose a trip hazard, Crawford says. 'Flooring can pose risks; bubbles under carpeting, even chipped tile,' she says. 'But the other thing that really gets people with falls is decorating and clutter.' Removing decorative plants, side tables, and other knick-knacks and staying on top of piled laundry, mail, or magazines can clear a path for you to navigate your home safely, and it's something you can do for free. Whether you choose to stay or go, investing in home tech can be a great way to enhance your at-home independence while making life easier for residents of all ages. These days, you can automate the lights in your home, your heating and cooling systems, and safety features such as locks and home security equipment. Both new and old homes can accommodate these features, which are relatively affordable. But you can get creative, too. Seniors living at home can provide their children or caretakers with access to home cameras so someone can keep an eye on the property and the people living there. 'It used to be you needed to have Life Alert or your phone on you to contact someone,' Crawford says. Cini suggests installing blackout shades in the bedroom to improve sleep quality, which can help with many medical conditions. You can even have these automated, which she finds is a good investment. Related: 14 Universal Design Tips to Make Your Home More Accessible Read the original article on Better Homes & Gardens

Caring's 2025 Mental Health Study Finds Nearly 1 in 3 Seniors Diagnosed with Anxiety or Depression
Caring's 2025 Mental Health Study Finds Nearly 1 in 3 Seniors Diagnosed with Anxiety or Depression

Yahoo

time29-05-2025

  • General
  • Yahoo

Caring's 2025 Mental Health Study Finds Nearly 1 in 3 Seniors Diagnosed with Anxiety or Depression

Caring surveyed thousands of American seniors to better understand their mental health challenges and how they're managing symptoms and finding ways to cope against the unknowns of aging. Charlotte, NC, May 29, 2025 (GLOBE NEWSWIRE) -- a leading senior living referral service and the nation's top site for care reviews, published the results of its 2025 Senior Mental Health Study. The study, based on a survey of more than 4,000 Americans aged 65 or older conducted in April of 2025, found that 1 in 3 seniors have a clinical diagnosis of anxiety or depression. Surprisingly, caregiving stress ranked lower among causes of anxiety and depression. For many seniors, personal health concerns and global events were more significant sources of stress. While some respondents have lived with symptoms for over six years, others have only recently developed them. Women were more likely than men to report a diagnosis. The study also highlights a reliance on medication over therapy to manage their symptoms, despite expert insights emphasizing the benefits of talk therapy. Dr. Ken Robbins, board-certified in both internal medicine and psychiatry, states, 'People are often skeptical that talk therapy is going to be helpful to them when they can talk to friends or relatives, and they don't feel the need to talk to a therapist. They don't understand how different it is when you speak to a professional who can help change the way you think.' Overall, the survey shows that even though seniors may be struggling with their mental health, they've found several positive ways to cope with their stressors, such as prayer, meditation, spending time with a pet, or staying active. provides numerous resources to help seniors and their caregivers with the financial, emotional, and physical impacts of aging and/or caring for their parents. Read our full report for more findings from this survey, including: 1 in 3 anxious/depressed seniors have a clinical diagnosis, and many of them have lived with their conditions for over six years. More seniors use medications for anxiety and/or depression than take part in therapy. Current events is the highest cause of anxiety, while caregiving is one of the least-common reasons seniors say they feel anxious or depressed. Seniors find several positive ways to cope with their stressors, such as exercising or spending time with a pet. partnered with PollFish to survey more than 4,000 American seniors 65 years and older to review their anxiety and depression, contributing factors, and how they are coping with their struggles. The survey was conducted online on April 14th – 15th, 2025. About Caring With millions of visitors to its flagship website, Caring is a leading senior living referral service and the nation's top site for senior care reviews. Founded in 2007, Caring's mission is to help as many seniors and their caregivers as possible through empathetic, expert guidance. Applying cutting-edge technology to this humane mission, Caring provides relevant senior care information and support, as well as comprehensive senior living and senior care directories for the United States, including nearly 400,000 consumer reviews. Through a toll-free referral line at (800) 558-0653, Caring's trusted, nationwide team of Family Advisors — who are among the most highly trained, highly skilled, and knowledgeable experts in senior care — helps seniors and their families research and connect to the most appropriate services and support for their specific situations. For more information about our organization and our free services for seniors and their families, please visit and join with Caring on Facebook. CONTACT: pr@

Richard Caring in advanced talks to sell part of UK hospitality empire
Richard Caring in advanced talks to sell part of UK hospitality empire

Yahoo

time16-05-2025

  • Business
  • Yahoo

Richard Caring in advanced talks to sell part of UK hospitality empire

Businessman Richard Caring is in advanced discussions to sell a substantial part of his hospitality business in the UK to the International Holding Company (IHC), overseen by its chairman Sheikh Tahnoon bin Zayed al-Nahyan, as reported by the Financial Times. The sale encompasses the Ivy restaurants chain and Annabel's, an exclusive London private members club. The potential deal, which has been under consideration for some time and has recently gained momentum, could exceed £1bn ($1.32bn). The negotiations, which could lead to a partial exit for Caring, are primarily focused on selling a stake in Troia, the entity behind the Ivy Collection, which operates 40 restaurants across the UK and Ireland. The deal could provide Caring with funding to expand his hospitality brands into new markets. However, the deal's specifics are still being finalised, with discussions around the price and assets involved still variable. The scope of the potential transaction has broadened and may now include Caring's other assets, such as his Mayfair private members' clubs George and Harry's Bar —held under Mark Birley Holdings, which is co-owned by Qatar's former prime minister Sheikh Hamad bin Jassim bin Jaber al-Thani. Caring's portfolio also includes casual dining chain Bill's and Caprice Holdings, which owns upscale dining establishments Bacchanalia, Sexy Fish and Scott's. Despite ongoing talks, sources emphasise that there is no certainty that a deal will be reached between IHC and Caring. Caring manages his business through a network of investment vehicles owned by Jersey and British Virgin Islands-based holding companies. Corporate filings indicate that Troia, Caprice and Mark Birley Holdings have collectively guaranteed bank loans. The conglomerate IHC already has a diverse portfolio in the hospitality sector. Its listed subsidiary Alpha Dhabi Holdings holds a controlling interest in the National Corporation for Tourism and Hotels, which owns luxury hotels in Abu Dhabi, the Maldives and the Seychelles. Additionally, via a joint venture with Monterock International, Alpha Dhabi has stakes in hospitality brands such as the Greek luxury resorts chain Nammos. In September 2024, Caring was known to be in talks to sell the Ivy Collection restaurant group to a London-based investment company, Si Advisors. "Richard Caring in advanced talks to sell part of UK hospitality empire" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Richard Caring in talks to sell stake in The Ivy to Abu Dhabi's ‘spy sheikh'
Richard Caring in talks to sell stake in The Ivy to Abu Dhabi's ‘spy sheikh'

Yahoo

time16-05-2025

  • Business
  • Yahoo

Richard Caring in talks to sell stake in The Ivy to Abu Dhabi's ‘spy sheikh'

Richard Caring is in talks to sell a stake in his Ivy restaurant empire to an Abu Dhabi royal nicknamed the 'spy sheikh'. Mr Caring, the hospitality tycoon known as the 'King of Mayfair', is in advanced negotiations with Sheik Tahnoun bin Zayed Al Nahyan to sell a significant share in his hospitality company Troia for around £1bn, the Financial Times reported. The company owns The Ivy restaurant in central London and its offshoots across the country. Negotiations are said to be fluid and other clubs and restaurants owned by Mr Caring could also be thrown into the deal. Mr Caring also owns Sexy Fish, an Asian restaurant and bar in Mayfair, J Sheekey, a fish restaurant near Leicester Square and Annabel's, the renown private members club, among others. A source close to the talks said a deal was not imminent. Mr Caring has been seeking to sell a stake in The Ivy for almost a year and was last autumn said to be close to a deal with London-based firm Si Advisers, a little known investment firm. A deal with Sheik Tahnoun's International Holding Company (IHC) would represent a significantly more high-profile transaction. IHC is currently the most valuable firm listed on Abu Dhabi's stock exchange, with investments in industries ranging from property to fisheries. Sheik Tahnoun is the son of the United Arab Emirates founder Zayed bin Sultan Al Nahyan and a leading figure in Abu Dhabi's royal family. He is also the UAE's intelligence chief, a position that has earned him the nickname the 'spy sheikh'. The Abu Dhabi royal was hosted by Donald Trump at the White House in March this year and his Instagram accounts shows recent meetings with Mark Zuckerberg and Jeff Bezos. The sheikh's many roles also including heading the UAE's state-owned AI investment fund and G42, the Emirati rival to ChatGPT-maker OpenAI. Mr Caring, who started out in the fashion industry as a supplier to shops including Next and Marks & Spencer, bought the original Ivy restaurant in 2005. The site, which opened in 1917 in Covent Garden, is one of the capital's most famous restaurants, known for its popularity with actors. Mr Caring took the brand and expanded it into a restaurant chain in 2014. Today, there are more than 40 Ivy cafes, brasseries and restaurants across the UK and Ireland. Documents sent out to potential investors suggest Mr Caring is likely to stay with the business following any sale. A presentation seen by The Telegraph last year stated: 'Richard Caring is open to retaining a minority stake and also remaining a part of future operations as required.' A spokesman for Mr Caring declined to comment. IHC was contacted for comment. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

4 End-of-Life Money Mistakes That Will Cost Your Family
4 End-of-Life Money Mistakes That Will Cost Your Family

Yahoo

time14-05-2025

  • Business
  • Yahoo

4 End-of-Life Money Mistakes That Will Cost Your Family

No one knows exactly when they'll leave this earth, but it's a given that it will happen. Before it does, it's important to have your financial affairs in order. Failing to make these arrangements in advance can leave your family with a mess to sort out, a possible financial burden and additional heartache on top of what they're already experiencing. Learn More: Try This: Here are four end-of-life money mistakes to avoid. Also explore several estate planning myths that may be stopping you from building generational wealth. Michael Rodriguez, certified financial planner (CFP) and owner of Equanimity Wealth, said one of the most common end-of-life money mistakes he sees involve clients who don't have a proper estate plan in place — especially those that lack a will or trust. Unfortunately, this mistake is all too common: About two-thirds of Americans do not have an estate plan, and procrastination seems to be a contributing factor. Caring's 2025 Wills and Estate Planning Study found that 43% of people who don't have a will admit they simply haven't gotten around to it. The consequences of not having all or part of an estate plan in place can include loved ones dealing with a costly and lengthy probate process while suffering unneeded stress, Rodriguez said. Explore More: A beneficiary is the person you designate to receive your worldly possessions, including assets. Rodriguez explained that life changes, such as marriages, divorces and children, occur, but many people fail to update their documents to reflect their most-current wishes, which means their assets won't go to the correct person. 'I've also seen clients unintentionally disinherit family members simply because they never reviewed their documents,' he said. Taking the time to update beneficiaries will eliminate confusion and allow your wishes to be carried out without delay. Although a will is important to have in place when you pass away, it's not the only thing you need to plan for. Rodriguez said it's also important to have a power of attorney or advanced healthcare directive in the event that you become incapacitated and can no longer make decisions. Failing to arrange for these types of legal documents can create financial and emotional dilemmas for your family. Even though you may not relish the idea of explaining to certain family members what will happen to your estate after you're gone, it's important to prepare them for the inevitable. Rodriguez explained that when families don't know what to expect financially or emotionally after their loved one passes away, it can result in a conflict. Therefore, communicating your wishes in advance to everyone who might be affected is a must. More From GOBankingRates What $1 Million in Retirement Savings Looks Like in Monthly Spending The New Retirement Problem Boomers Are Facing 5 Little-Known Ways to Make Summer Travel More Affordable Are You Rich or Middle Class? 8 Ways To Tell That Go Beyond Your Paycheck Sources Equanimity Wealth, 'Equanimity Wealth — Empowering Your Financial Journey.' LegalZoom, 'Estate Planning Statistics to Read Before Writing Your Will.' '2025 Wills and Estate Planning Study.' This article originally appeared on 4 End-of-Life Money Mistakes That Will Cost Your Family Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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