In 2008, Janice Barton was vacationing at Serenbe, a biophilic, or nature-centered, community in the Chattahoochee Hills about 30 miles outside of Atlanta. She fell in love with the village's English-style cottages, outdoor artist studio, nature trails, local shops and café all within walking distance, and decided to buy her forever home there.
"In a typical suburb, you drive into your garage, shut the door and that is it," explained Barton, who at 73 is a solo ager. "Maybe you know your neighbors on either side or across the street but you don't have anything in common so you don't want to invest the time and energy. At Serenbe, I feel younger because I am engaged and I'm living a more vibrant life."
Serenbe and other new amenities-laden retirement communities illustrate how the senior living industry is going through a transformation that has accelerated since the COVID-19 pandemic. Pre-pandemic, Americans age 65 and up expressed the desire to stay living in their homes as long as possible; the social isolation imposed by the pandemic has solo agers — the 12% of the population who, according to AARP, are widowed, divorced or without adult children to care for them — rethinking the desire to age alone at home.
Changing designs, changing minds
Meanwhile, families have become more concerned about congregate living after pandemic-related health threats and mandatory isolation from loved ones occurred in most long-term care communities.
In addition, the interests and needs of residents over 55 are changing, requiring existing communities for older adults to resuscitate their appeal to ever-younger prospective residents.
Overcoming ageist perceptions of retirement living and assisted-living developments will be challenging. Many people feel these communities are destinations for physical decay, disability, devastating diseases and death instead of communities that promote thriving and better quality of life well into residents' 80s and 90s.
According to James Balda, president and CEO of Argentum, the leading national trade association for what the industry refers to as "senior living" communities, seven out of 10 people will require assisted-living care in their lifetime. The number of people in assisted-living accommodations today is expected to more than double to about 2 million by 2040.
However, most older adults only opt for senior living the last five years of life, making the amenities more about medical care than quality of life. Active 55-plus communities and independent living cater to an older population but many boomers are looking for curated amenities and universal design homes within multigenerational neighborhoods.