People are living longer. Most Americans retire at roughly 63, but there are still many more years of life beyond that retirement age. An aging population brings both benefits and challenges. The type of services and systems needed to cater to an aging population are numerous. Housing demands will change as older populations seek smaller dwellings or move in to assisted living or retirement communities catering to independent living. A recent Harvard University study noted that the number of older people living alone will most likely rise and that this in turn will drive increased demand for in-home healthcare and supportive services.
Most (almost three quarters) of all assisted living residents in the United States are women and at least three-fourths of those living in such assisted livin