As the first baby boomers begin to hit their retirement years, they've made it clear that they'd rather not stray far from their own front door. In a recent AARP survey, nearly three-fourths of adults age 45 and older said they strongly desire to remain in their current home for as long as possible.

 

  That preference might seem like a tall order, considering a struggling economy, strapped public programs and an uncertain long-term care insurance market. But experts tell us that "aging in place," as it's often called, might be quite feasible for many.

 

   To realize the intention of remaining at home, you'll likely need some updates — both to your home and to your financial planning strategy. Among the biggest pitfalls: letting pride or denial subvert thoughtful planning.

"It's very risky in the current environment to hope that either family members or the government is going to step in and help you out," says Howard Gleckman, author of Caring for Our Parents. "You need to plan to protect yourself." Contact for complete article