With 20 million homeowners over age 65, and 78 million aging Baby Boomers, families and government need to care for increasing numbers of frail and impaired seniors. Much of this period of decline can be managed with services and supports that help seniors to âage in placeâ in their homes. However, many older people do not have enough income to pay these extra out-of-pocket expenses. Seniors collectively own over $3 trillion in home equity, but there are few products to access this asset in order to stay at home.