Senior Living Industry
Don't Count on Boomers
Source: seniorhousingnews.com
Boomers across the nation are facing a harsh reality of declining home value, rising debt, and depleted savings as they approach retirement age with little time remaining to recoup their losses, and the senior housing industry might not want to consider this generation to be their big break, according to a healthcare consultant during Life Services Network’s annual meeting, held last week in Chicago, Ill.
“Don’t count on boomers as the next big customers,” said Andy Edeburn, a healthcare consultant at Minneapolis, Minn.-based CliftonLarsonAllen LLP, during his presentation.
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