Pros of staying in your home
Familiar with your surroundings.
Often a larger space, so no need to downsize your belongings.
No hassle of moving.
Might have home paid off.
Can use in-home care providers, if needed. (personal care or skilled nursing and therapy services)
Cons of staying in your home
Continued investment of time, money and energy to maintain your home
Costly property taxes, even after the house is paid off.
Risk of becoming isolated, which can lead to loneliness and depression.
Becoming sedentary, which often impacts health and mobility.
Help in an emergency may be several minutes away.
Your needs or your spouse’s health needs may change. […]
