There's a persistent myth that most seniors eventually sell and move into some kind of facility. The data, and what I see every week in the Valley, tells a different story. According to Harvard's Joint Center for Housing Studies, the homeownership rate among Americans 65 and older is 78.6%, one of the highest of any age group in the country. Homeowners 55 to 64 aren't far behind at 75.9%. In plain terms: most people stay put. Moving is the exception.
Why Arizona is a especially strong example of this
Arizona draws people specifically to retire into a home they intend to stay in, the climate, the single-level ranch housing stock common in Sun City and PebbleCreek, and the active-adult community infrastructure all make "aging in place" more achievable here than in a lot of the country. If you're planning to stay in your Mesa or Scottsdale home, and most Arizona retirees are, the real question isn't "should I sell?" It's "what do I need to make staying here work for the next 10, 15, or 20 years?"
Planning for the Arizona home you're already in
That might mean modifications like a walk-in shower or wider doorways. It might mean a financial cushion for years when income doesn't quite stretch as far. It might simply mean having options rather than pressure if something changes. If that's you, it's worth having a real plan behind it, not just hope.
Licensed in Arizona: This is educational content, not financial advice. Consult with a qualified financial advisor about your specific situation. David Rider, AZ Loan Originator License #LO-0912067 ยท NMLS #200787.