Senior Living in the 21st Century
How U.S. Baby Boomers Will Change the World (for Better or Worse)
The world’s workforce demographics, housing markets, and social dynamics are about to be struck by a tidal wave of change. In this report, we delve into the underlying systems that stand broken, the shifts that are accelerating their reinvention, and the challenges and opportunities they present to the built environment industry — for seniors’ housing and care communities, and beyond.
This report is of interest to:
- Investors in private equity, real estate, and healthcare
- Developers of lifestyle/healthcare technology
- Designers and developers of seniors’ housing and care facilities
- Retirees and those nearing retirement
Key Terms: RISK, INVESTING, RETIREMENT, AGING, SENIOR HOUSING, COMMUNITY, PLANNING, DESIGN, HEALTHCARE, RECESSION, FINANCIAL SECURITY
Dave Gilmore, President & CEO | Rob Hart, Senior Researcher
Chyenne Pastrana, Director of Marketing | Nicole Puckett, Lead Graphic Designer | Beckie Hawk, Web Master
PART TWO: AN AGING POPULATION
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Every day from 2011 through 2030, 10 thousand Baby Boomers will celebrate their 65th birthday.51 Unlike ordinary birthdays, this one presents the cultural promise of retirement.
For a majority, however, it may not offer the financial possibility.
Most retirees grossly underestimate their needs and overestimate their capacities, both financially and medically.