United States:
Baby Boomers Continue To Push The Trends In Senior Living
31 October 2017
Lowndes, Drosdick, Doster, Kantor & Reed, P.A.
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Baby Boomers spent more money in life on leisure activities than
previous generations, and will therefore demand the types of
lifestyle they have experienced. Restful rooms with Wi-Fi
connections, expresso bars and cafes with healthy wraps are
examples. Consequently, leasing space to vendors in the senior
facility itself or on outparcels in urban locations might make
sense. It's no longer enough to have a hair salon / barber shop
available. Rehabilitation rooms need to look more—and operate
as well–like the local Y workout rooms. And speaker and
entertainment programs are likely to be more popular if they are
patterned on the cruise ship model. All of this for a generation
which has probably saved less for retirement than their
parents' generation.
A challenge indeed.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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