For many in the Baby Boom generation, retirement is not about settling down and living a life of the routine. They are open to exploring new things, maintaining a social life and enjoying their life savings. Active adult communities—sometimes referred to as 55+ communities—are meeting their dynamic retirement needs, offering amenity-rich environments for seniors seeking an engaged lifestyle rather than traditional retirement.
This market is anticipated to have a compound annual growth rate (CAGR) of over 4% from now to 2030.
Demographic and sociological factors underlie both the growth of the active adult audience and the complexities of how active adult communities serve them. Active adult communities are categorized as age-restricted or age-targeted. In the former, federal housing rules dictate that at least 80% of residents must be aged 55 and above.
These communities come in many different sizes, forms and locations. Urban or suburban. From stand-alone buildings to city-sized communities. With amenities as varied as on-premises hair salons, indoor pools, art studios, walking paths and pickleball courts. Though there are many kinds of active adult communities, contact me to help match you up with the community that is best for you.
FAST FACTS SERVING HEALTHY, ACTIVE, SENIORS:
17% of active adults prioritized price $50K and affordability when choosing a community, followed by safety (14%) and location (13%). McKnights Senior Living
140-180 UNITS — the typical size of active adult communities, with individual units ranging from 650 to 1,300 square ft. NIC
2/3 of active adult community residents are female. NIC
If you are thinking about making a move to a 55+ Community, call me. I am happy to help guide you to a community that is the best fit for you! (267) 397-6291 or TheSwainTeam@gmail.com