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Source: tpsdave

Today’s Seniors Turn To Tiny Homes To Live Out Their Golden Years

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By 2030, the U.S. Census Bureau estimates that 20 percent of the population will be 65 and older. With continued medical breakthroughs and technological advances, it’s likely those seniors will be significantly healthier than any seniors before them. And that means the face of retirement communities and nursing homes will probably be entirely different.

Moving away from elder-care homes can only be a good thing, since facilities like these for aging loved ones so often feel depressing, lonely and costly—in 2012, a private room in an assisted care facility cost on average $248 a day. A less expensive, more liberating shift is already underfoot, as a trending number of seniors are taking their retirement money, selling off or giving away many of their assets, and investing in tiny homes.