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Retiring and want to stay in your home? Here are your options

For the stubborn retirees who refuse to move out of their homes even as they age and begin to need physical assistance, there is a solution: renovate the home they’ve got.

One of the most important factors in home renovation for baby boomers is mobility, which might mean redoing a floor plan, widening door frames for wheelchairs, installing a ramp into the home and placing grip bars around the bathroom, said Domenick Forte, head of home-equity lending at Citizens Bank. Older homeowners account for about 45% of home improvement spending, according to a 2015 report by the Joint Center for Housing Studies at Harvard University, though few are thinking of accessibility — at least, until they’re forced to.

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