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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+ was worth $587.7 billion in 2022, up from $565.3 ...
It owns 14 villages across Britain with 1,609 residents. Eight contain on-site care homes with a total of about 300 residents. In 2014/5 the firm had sales of £35 million and paid its six directors a total of £498,000. In November 2016 it announced its intention to open seven more villages with a gross value of £200 million by 2021.
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]
"Naturally Occurring Retirement Communities: Untapped Resources to Enable Optimal Aging at Home." Journal of Housing for the Elderly 24.3–4 (2010): 392–412. Lun, M. (2010). "The correlate of religion involvement and formal service use among community-dwelling elders: An explorative case of naturally occurring retirement community."
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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 ...
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