A majority of older adults see aging in place (the ability to grow old in one’s same home) as an important goal—94% said they want to age in place (see Aging In Place With Assistive Tech Survey). This is good because most of the 65+ population do not have the money for nursing homes, and nursing homes are full. In fact, 57% of nursing homes have a waiting list for new residents (see Access To Care Report: August 2024).

The key to aging in place is creating your own “smart home” and that is happening. Fifty-three percent of older adults now use some type of assistive or health-related technology, including medical or health-related mobile apps (25%) and…