According to an AARP survey (May, 2000), the overwhelming majority of mid-life and older Americans want to remain living independently in their own homes and communities for as long as possible. The new survey found that seven in ten of those who are able to make changes to their homes have made at least one modification to make it easier for them to get around. Two thirds of those who made home modifications believe those improvements will allow them to live in their homes longer than they would have been able otherwise, most for another ten years or more. The survey is the fifth in a series of AARP senior housing studies. Based on telephone interviews of 2,000 persons aged 45 and over, it examines the opinions and behavior of mid-life and older Americans regarding their current and future housing situations.

Eighty five percent of those polled said they have already made simple changes to their homes, such as placing non-skid strips in bathtubs or safety bars in showers and handrails on both side of the stairwells. The reasons most often cited by respondents for not making home improvements were the inability to make the changes themselves (37%) and not being able to afford the modifications (37%). HUD's HECM program (Reverse Mortgage) can turn the built-up wealth in your home to cash without having to move or repay a loan each month. Financing needed home repairs or improvements is one of the many good uses for funds received from a HECM.