The hopeful image of active, fit and healthy seniors is, at best, a myth.
My sisters and I are helping our 86 year old father “age in place” as best he can by staying in his home. With even cursory analysis, it’s pretty clear there won’t be anywhere near enough capital to build assistive living or nursing home facilities to accomodate the huge pending influx of aging baby boomers, over 70 million of whom started retiring in January of 2011 and will do so through 2029.
When you add to that the real possibility that these oldster’s life expectancy is expected to rise as well, and it certainly appears we have an impending crisis on our hands. As you’ll see below, I argue that the enormity of this population of aging boomers represents quite a market opportunity for technological, community, societal and financial support solutions to alleviate that crisis and make money to boot! [Read more...]

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