The
US News & World Report recently published an article on the growing
demand for senior
living communities as the number of elderly adults in the U.S
increases. The Census Bureau predicts
that the number of people age 85 and older will grow to 6.6 million and make up
almost 2 percent of the population by 2020, which is an increase of 800,000
from 2010. Moreover, the figure is
expected to go up to more than 19 million by 2050, and by 2060, nearly 100
million Americans will be 65 years or older.
While the increasing number of seniors
in the U.S. is most likely due to older adults living longer as well as the
baby boom that occurred after World War II, more and more seniors are
recognizing the advantages of aging in place among their peers. Senior living communities offer the benefit
of a less demanding, more carefree lifestyle and virtually eliminate the
problem of social isolation and loneliness.
Furthermore, today’s senior living communities
are worlds apart from the old days when nursing homes were the only option for
the elderly. In addition assisted
living and memory care communities provide the daily care
personal services that many elderly adults require as well as a whole host of
amenities and services. According to
the National Investment Center for
Seniors Housing and Care, “There are about 22,000 senior housing and care
properties in the U.S.”
MorningStar Assisted Living &
Memory Care at Arrowhead is one of the area’s finest senior living
communities. Located on the north side
of Glendale AZ in the popular residential neighborhood of Arrowhead, we offer 60
private suites for assisted living in studio, one-bedroom
and two-bedroom configurations. Also, our
Reflections Neighborhood has 25 secure suites devoted to the specialized care
for those with memory impairment from Alzheimer’s disease or other forms of
dementia.
MorningStar at Arrowhead represents
the best in senior living with a unique mission statement “to honor, to value,
to invest.” We have built our foundation
on honoring God, valuing our seniors and hiring staff with a felt calling to
serve to create a true home for residents amid a beautiful, serene setting. To
experience firsthand the finest senior living in the Phoenix area, contact us
to schedule a tour.
Source:money.usnews.com/investing/articles/2017-01-06/how-to-invest-in-an-aging-population
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