As the baby-boomer population all reach the age of retirement, many older individuals are going to be forced into assisted living facilities. This article featured on PlaceMakers by Ben Brown highlights the ElderSpirit Community in Abingdon, VA, which on a relatively small budget, has created a community for older individuals that emphasizes people, skills, and needs.
"Among the Big Issues awaiting communities after we shake off the post-recession blues is what to do about demography. Particularly the part about America’s aging population.
The first-borns among the 76-million-strong Baby Boomer generation reached 65 in 2011. And over the next three decades, the geezer slice of the population pie will swell to 20 percent, compared to a little more than 13 percent in 2010. Take a look at the chart below, compiled from Census projections and pulled from the informative Alliance for Aging site.
That’s more than 88 million folks 65-plus, with the fastest growing cohorts the “oldest-old” segments of 80-plus.
I have a special interest in this topic, given that I’m among those leading-edge Boomers who have reconfigured commerce and culture to suit our tastes over the last half-century. It’s been a great run.
By now, just about everybody not invited to our long-running generational fiesta is tired of indulging Boomer fantasies. Sorry. Since we’re still running lots of stuff and still hoarding most of America’s financial assets, there’s more to come. Currently, we’re in the middle of one of our periodic – and probably our last – reality denial exercises. This is the one where we’re pretending Big Pharma, robots, electric cars and Dr. Oz will extend our playtime into infinity. You know, “60 is the new 40.” Unlike previous Boomer reality ducks, however, this one is going to be tough to buy or lie our way out of....."
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