Top Smart Home Technologies For Adults Over 50
Keyless entry, smart smoke detectors, wireless doorbell cameras and other
technological safety improvements are gaining popularity among adults who are
50 years of age or older. This was a recent finding based on research from the
MIT AgeLab in cooperation with The Hartford.
According to researchers, these helpful technologies make life easier for all
ages. However, older adults have changing lifestyles and needs and can
especially benefit from these technologies. For example, wireless doorbell
cameras give older adults the option of seeing who is at the door without
having to get up first, and keyless entry gives them the ability to quickly
unlock a door. Older adults who are fumbling for keys at the door are often
targets for residential robberies.
The research performed by these two organizations analyzed 25 different
technologies to identify the top 10. The top picks for usefulness include the
following:
- Wireless doorbell cameras
- Smart smoke and CO2 detectors
- Keyless entry
- Smart water shutoff valves
- Automatic lights
- Smart home security systems
- Smart electrical outlets
- Moisture and mold sensors
- Smart thermostats
- Smart window blinds
A person's lifestyle has a major impact on happiness and wellness, and these
technologies were all proven to help facilitate well-being and peace of mind.
The two organizations interviewed older homeowners to see what they thought
about the chosen technologies.
When asked about their main concerns, the majority of respondents said that
maintenance was their top worry. With smart home technology, security was the
main concern of about 50 percent of participants. More than 45 percent said
that saving energy was important, and almost 35 percent said that technologies
to improve everyday life were important.
Since security and maintenance were some top concerns, experts addressed
technologies that could help in both areas. Water and mold sensors, smart
thermostats, smart water shutoff valves and smart smoke or carbon monoxide
detectors were some of their top suggestions for these specific purposes.
According to their research, the organizations found that about 50 percent of
the surveyed homeowners already had smart home technologies or were planning to
purchase one or more of these items in the near future. Of those who did not yet
have any of these technologies but were planning to buy some, about 50 percent
said that they would spend between $100 and $500 per year if necessary. These
are the top recommendations from the two organizations:
- Research the available technologies, their benefits and independent reviews.
- Determine which options are best for individual needs.
- See www.thehartford.com/smarthome for a digital tour of a smart home.
Some smart improvements such as smoke alarms, burglar alarms and other safety features can actually help reduce insurance costs. To learn more about smart home technology and what it means for insurance rates, discuss with an agent.
For more information, feel free to Contact Neptune Financial to schedule an appointment.
Basic Understanding
This blog is being provided for informational or educational purposes only. It does not take into an investment objectives or financial situation of any individual, family, prospect, client, or prospective clients. The information is not written or intended as investment advice and is not a recommendation about managing or investing your retirement savings.
An individual seeking information regarding their investment or retirement needs should contact a financial professional.
Neptune Financial, and their financial professionals do not render tax and legal advice. Please consult your tax and legal advisors regarding your personal tax or legal concerns.