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For most, the days of paying off a house and living there until you die are long gone.

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Zigmont added that places like the Villages on Morehead are his current favorites for aging with grace and comfort.

They offer high-end apartments with all the support you need.

It is not cheap but it is nice, he added.

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Airbnb or VRBO

Another option can be to rent via platforms such as Airbnb or VRBO.

Its unorthodox, but it can be a lot of fun and afinancially sound decision.

This can be much cheaper than moving to a retirement home.

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