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While new retirement communities have developed in various areas of the United States, they are largely marketed to older adults who are financially secure. Lower income retirement communities are rare except for government subsidized housing, which neglects a large proportion of older adults who have fewer financial resources. [11]
Age-qualified communities, also known as 55+ communities, active adult communities, lifestyle communities, or retirement communities, are often planned communities that offer homes and community features that are attractive to 55+ adults. These might include a clubhouse or lifestyle center with a good many activities, sometimes with indoor and ...
Independent senior living differs from continuing care communities, which offer independent living along with multiple other levels of care, such as assisted living and skilled nursing, in one single residence. [8] A retirement home is a multi-residence housing facility intended for the elderly.
Retirement communities in the U.S. are big business. A Grand View Research report found that the U.S. active adult community market for ages 55 and up was worth $587.7 billion in 2022, up from ...
Magnolia PicturesWhen Spanish conquistador Juan Ponce de León set out to find the fabled Fountain of Youth, legend has it that he sailed through Lake Sumter in Central Florida, guided by a ...
Over time, this threshold definition has been adjusted by communities and policymakers to reflect local residential patterns. [ page 7 1 ] For example, in the US , the federal government , through Title IV of the Older Americans Act , [ 2 ] recognizes NORCs as communities in which at least 40 percent of the heads of households are older ...
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