General World News

Smart home technology continues to emerge as key tool for aging in place

A rapidly aging U.S. population is accelerating demand for smart home technology that allows older adults to remain in their homes longer. Financing options, including the tapping of home equity, are emerging to help pay for it.

Roughly 11,000 Americans turn 65 each day and about one in four U.S. residents is now at least 60 years old — with most people over 50 expressing a preference to stay in their homes, according to AARP.

That is helping fuel the growth of “age tech,” a category that includes smart home systems, health monitoring devices and artificial intelligence tools designed details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com

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