Retirement community
Examples of retirement community types include: Retirement communities are often built in warm climates, and are common in Alabama, Arizona, California, Florida, Georgia, Hawaii, Louisiana, Mississippi, Nevada, and Texas, but they are increasingly being built in and around major cities throughout the United States.
Ryderwood was originally established in 1923 as a Long-Bell logging camp, then was sold to Senior Estates, Inc. in 1953 to create a retirement community.
[10] 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.
[15] The primary benefit of the CCRC model is that it allows people to age in one community and receive additional healthcare services if needed.
[16] Additionally, CCRCs embody a general sense of community and offer peace of mind for couples with the assurance that they will always be near each other, even if one spouse needs more care.
The levels are: Most CCRCs include an entrance fee and a monthly fee, and these costs vary widely depending on several factors: the luxuriousness of the facility, the size and type of housing unit, whether the person enters alone or with a spouse, and how much future care is covered (this could be through insurance, government plans, or out of pocket).
"[28] These communities attract those over 55 who want to be in communities of like-minded individuals from the same ethnic background (for example, Aegis Living for Asian-Americans in Fremont, California or first-generation Indian immigrants (55-and-over) in Tavares, Florida, in the Greater Orlando area, Lake County, Florida), sexual orientation (RainbowVision in Santa Fe, New Mexico, ) or for those who share an interest such as academia and lifelong learning (in dozens of university-based retirement communities (UBRC) for example at Eckerd College, Holy Cross Village at Notre Dame, Indiana), Penn State University, Stanford University, University of Florida, creative expression and artists (for example the Burbank Senior Artists Colony, the Long Beach Senior Arts Colony, Meta Housing and EngAGE in California[30]), astronomers, golf, RV aficionados (Escapees CARE center in Livingston, Texas)s, veterans, vegetarians, fans of Big 10 football games and country music (Nashville, Tenn).
"[28][29][31] In the United States alone there are approximately 80 million people who were born between 1946 and 1964 - the baby boomers - who control about $25 trillion in wealth.
[29][32] Andrew Carle, founding director of the Program in Senior Housing Administration at George Mason University, Fairfax, Virginia observed that the baby boomers " ... set the record for embracing fad products, and that'll likely translate over into the niche retirement community as well ... targeted toward people with specific interests and backgrounds, from Big 10 football games and country music to gay-friendly lifestyles.
[28] According to research by Harvard Law professor Cass Sunstein, "[p]eople who surround themselves by like-minded people are more likely to become more extreme in their views.
Approximately two-thirds do not have children, and up to one-half live alone, so LGBT persons may have a lack of support in their retirement years.
[39] Since LGBT couples are often not legally recognized, spouses are often excluded in late-life decisions, inheritance claims, and spousal pension and social security plans.
[42] The NORC model allows people to retire in their existing homes and encourages communities of seniors to band together to provide mutual assistance.
[44] Focus groups indicate a strong correlation between life in retirement communities, and participation in recreational and leisure activities.
This form of therapy allows seniors to socialize, stimulate their brains, and participate in activities that help build overall health and self-confidence.
A certified therapeutic recreation specialist [49] undergoes extensive training on how to rehabilitate and help individuals in their perspective field.
In New Zealand about half the retirement villages are provided by the 'Big Six commercial operators (Ryman, Metlife Care, Summerset, Bupa, Arvida and Oceania.
