As time passes, generational perspectives on aging have evolved. Today, the Baby Boomer generation—along with the Silent Generation—is redefining what it means to retire. Rather than slowing down, many are staying active and vibrant well into their 70s and beyond. With the rise of healthier lifestyles, frequent travel, and a desire to remain independent, these retirees are reshaping retirement expectations.
A New Era of Retirement
The Baby Boomers are a powerful demographic. As they continue to retire—at a rate of 10,000 per day according to Pew Research—many are embracing their golden years with a focus on health, exploration, and even second careers or volunteer work. This generation is not only enjoying a longer lifespan but is also becoming increasingly tech-savvy, with more than 77% of adults aged 65 and over owning a mobile device.
The traditional view of retirement, once associated with slowing down or moving into an assisted living community, is no longer the standard. Instead, many older adults are seeking ways to remain in their own homes and continue living independently while staying healthy and engaged.
What Are the Options?
Historically, when individuals reached a point where they could no longer care for themselves, their choices were limited. They could either move in with a family member or enter a residential community that offered health services, typically at a significant cost. However, today’s retirees are pushing back against these options. They don’t want to burden their loved ones or give up their independence.
For many, the clear preference is to age in place—remain in their own home for as long as possible. However, this approach does come with challenges. One of the biggest hurdles is ensuring the financial stability to support aging at home, especially since not everyone can afford to do so without assistance.
Funding the Plan
To make aging in place a reality, it’s important to have a solid plan in place. Here are two potential options for funding your future care:
Long-Term Care Insurance
Long-term care insurance policies can provide financial support for healthcare services in your home, such as nursing or home health aides. While these policies offer benefits, they come with some drawbacks. Many plans come with long waiting periods before benefits start as well as high hurdles to initiate services. Long term care insurance plans also require the beneficiary to pay for services then submit receipts for reimbursement. This can be particularly difficult during a health crisis.
Continuing Care at Home (Sun Health At Home)
For those who want a comprehensive solution, programs such as Sun Health At Home offer a unique model for aging in place. This program provides the necessary resources to stay at home. In addition to strong financial protection that come with no waiting period and eliminates the need to submit receipts for services, the program also includes, dedicated wellness coordination, assistance with home maintenance, and a host of social, educational, and fitness options. After meeting certain financial and medical qualifications, the membership fees for this program can even be tax-deductible as a prepaid medical expense. As a member, you gain access to a lifetime of care and services that can grow with your needs.
Why Planning Early Matters
One of the biggest mistakes people make when it comes to long-term care is thinking they’re “too young” to plan. Many individuals avoid considering their future needs, assuming they have plenty of time to figure it out later. The reality, however, is that the sooner you start planning for aging in place, the better your chances of securing the right support when you need it.
Some insurance providers and care programs also require medical screenings, and waiting too long to begin the process could make it more difficult—or even impossible—to qualify for certain services. Planning ahead not only ensures that you’ll have the care you need, but also gives you peace of mind as you enter your later years.
Taking the Next Step
It’s time to take control of your future. Sun Health At Home provides a fantastic opportunity to plan ahead and secure the support you need to live confidently and independently in your own home. With wellness coordination, long-term care options, and more, this program is designed to give you the tools to age comfortably on your terms.
We invite you to join us for a free Discovery Seminar to learn more about how Sun Health At Home can help you age with confidence, comfort, and independence. Don’t wait—start planning for the future you deserve today!
Find a session that works for you, by visiting: DiscoverSHAH.org
