Fred Franks Blog | Baby Boomers in search of Retirement Communities | Talkmarkets

Fred Franks

Real Estate Professional

My name is Fred Franks, I am a professional real estate agent located in Central Florida. I assist 55 and over, first time home buyers and luxury home seekers. If you are looking for homes for sale in Ocala FL area, my team can ... more

Baby Boomers in search of Retirement Communities

Date: Tuesday, May 23, 2017 12:30 PM EST

Did you know that one in every three Americans today is of 50 years or older? As estimated by AARP (American Association of Retired Persons), one in every five Americans will be 65 plus, by 2030. The Baby Boomers, people who are born between 1946 and 1964, have now reached 52 to 70 years of age. And they all perceive the world and aging pretty differently than the Silent Generation between 1925 and 1945.

The baby boomers now make the majority in the U.S senior living communities. They are more educated, ethnically and racially diverse, individualistic and wealthier. But are the future senior facilities and communities better able to accommodate their desires and needs?

Getting assisting from a Realtor that sells in 55 and over Communities

Frederick Franks of Sellstate Next Generation Realty states, “We are finding a lot of baby boomers searching for homes throughout Central Florida communities”. Franks is conscious of the technology advancements that have already started to effect healthcare models through smartphone apps and robots for personal care and medications monitoring.

Though the e-connections seem to make it easier for baby boomers to continue living at home alone, but would it be the best? He argues.  Charles Durrett, a researcher, author and an architect who have designed various senior co-housing places, said that an increasing number of boomers have watched their parents subsiding in uncomplimentary ways. They have been living alone at their home or in an institution, both of which are actually extremely lonely as well as disrespectful.

What AARP Says

According to the AARP, almost 87 percent of the baby boomers of 65 years of age or older are in search of retirement communities. One of the key reasons behind baby boomers’ this effort is the need to avoid social isolation and settle in their retirement life peacefully. Social isolation leads to poor health and depression and is often linked with the risk of developing all kinds of dementia, including Alzheimer’s disease.

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