"We know that most older adults prefer to continue living in their communities and their homes for as long as they can," write LBJ's Jacqueline Angel and Stipica Mudrazija in the Waco Tribune-Herald. "A home is more than an asset. It is a shelter for our bodies and our memories. Our attachment to a community where we have lived most of our lives is a powerful one. Staying in the family home for most is preferable to moving in with the children or certainly living in a nursing home.
"However, except for those at the very top of the income and wealth pyramid, most older Americans face some level of uncertainty about whether we will be able to afford growing old comfortably — and sustaining a single-person household in old age does not come cheap. Many older people, then, do not have the luxury of choosing their living arrangements. Their options are constrained by their limited economic and social resources, as well as poor health."