If where you live now or where you plan to relocate allows tiny houses, that could be the way you can continue to be a home owner, despite aging. Since many models come with wheels, you can take along your residence if you decide to start a new life in another location.
The Tiny House movement, reports Nina Patel in The Washington Post, is catching on because the property is affordable and doesn't require much to keep up. Just consider your lower utility bill.
This option is especially attractive to Baby Boomers because we don't need much space after the kids are gone. Also, our professional life might require less at-home entertaining. We can take the prospect or boss out to a brandname restaurant or hire a hall for the 50th wedding anniversary.
Some Baby Boomers prefer to own where they bunk. The value is engrained.