Projections from Statistics Canada recommend the variety of folks 85 and older might soar to between 3.3 million and 4.3 million by 2073.ozgurcankaya/iStockPhoto / Getty Photographs
Many Canadians need to age in place, selecting to develop previous in their very own properties and communities whereas getting access to social helps, companies and tools that enable them to reside independently and safely.
Almost all Canadians (91 per cent) need to age at dwelling so long as doable, in keeping with a 2024 report from the Canadian Institute for Well being Data. One other research discovered that 96 per cent of Canadians aged 65 and older mentioned they might do every thing doable to avoid going into a long-term care facility.
However the actuality of ageing at dwelling could be a monetary and emotional burden. It’s an expensive proposition and may have an effect on relations who put their lives on maintain to look after kin, generally have drawing from their financial savings to rent assist, renovate properties and pay for medicines.
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Canada’s rapidly aging population might imply extra much more folks selecting to age in place. Projections from Statistics Canada recommend the variety of folks 85 and older might soar to between 3.3 million and 4.3 million by 2073. That’s up from 896,000 in 2023.
The Globe’s retirement reporter Meera Raman is trying to converse with Canadians who’re ageing at dwelling or caring for somebody who’s ageing at dwelling. What are the bills of ageing in place? How has ageing at dwelling impacted you financially? What has your expertise been like and why is it necessary to so that you can age at dwelling?
Inform us by filling out the shape beneath or attain out on to Meera at mraman@globeandmail.com.
Share your expertise about ageing at dwelling
The Globe’s retirement reporter Meera Raman is trying to converse with Canadians who’re ageing at dwelling or caring for somebody who’s ageing at dwelling. What are the bills of ageing in place? How has ageing at dwelling impacted you financially? What has your expertise been like and why is it necessary to so that you can age at dwelling? Share your expertise within the type beneath.