Industry News

Aging in Place Is In, Retirement Homes Are (Kind of) Out

August 4_Aging in Place_Image 1Think everyone is planning to sell their homes after they retire? Well, think again.

An AARP study found 90 percent of people over the age of 65 would like to, if possible, stay in their homes. Eighty percent have no intention of leaving. What does this mean for the building industry? Owners want products that have the potential to outlast them and can cater to their needs as they age. They want homes and products that grow with them.

Long-lasting, adaptable equipment, like our HVAC systems, fit the bill. For example, our M-Series system helped an elderly couple age in place. They can now count on cooling and heating in even the most severe weather, which otherwise would have posed a health hazard. This couple is just one example; over 10,000 baby boomers reach retirement every day, and more and more make no plans to leave their homes.

Read more about the baby boomers, aging in place and the concept behind the universal home design, which the National Association of Home Builders describes as “the design of environments and products to be usable by all people.”