This is how boomers are reinventing retirement living
Today’s target market for senior housing in the US comprises a large and influential demographic. The number of households with people age 80 and over jumped 71% from 4.4 million in 1990 to 7.5 million in 2016. Until recently, US senior-housing solutions have largely consisted of cookie-cutter developments demanding big upfront deposits from residents who might eventually face a new round of stress in seeking high-level, and usually expensive, nursing-home care elsewhere. This article looks at future development in the retirement housing and aged care sectors.