Retirees seek to hedge on health care costs by remodeling homes

11/30/2012 | Bloomberg Businessweek

Some seniors who want to avoid the average $3,200 monthly cost of an assisted-living facility are investing money now to make their homes more accommodating. Changes include installing grab bars in bathrooms, adding nonslip floors, and making electrical outlets and light switches more wheelchair accessible. "We avoided nursing homes for our parents, and we want it to be the same for our kids," said Richard Hayman, who is spending $110,000 to transform his Maryland home.

View Full Article in:

Bloomberg Businessweek

Published in Brief:

SmartBrief Job Listings for Government & Nonprofit

Job Title Company Location
Senior Reliability Program Specialist
FedEx Express
Memphis, TN
Supplier Diversity Fellow
National Gay & Lesbian Chamber of Commerce
Washington, DC
Leadership Programs Manager
National LGBTQ Task Force
Washington, DC
Executive Director
New York City Anti-Violence Project
New York, NY
Affiliate Relations, External Affairs, & Policy Fellow
National Gay & Lesbian Chamber of Commerce
Washington, DC