Tuesday, March 3, 2015

US senior citizens today

My brother-in-law is an astute and energetic retired businessman.  He is currently interested in the situations of American senior citizens and sent me these notes.  There are probably many books and web pages related to the new peaks of longevity, better levels of education and awareness, and greater diversity of goals, desires and backgrounds among US senior citizens.  One book I have read that relates to what he has provided below is "Being Mortal" by Atul Gawande, an American physician and professor of surgery at the Harvard Medical School.

FACTS ON SENIORS


USA national survey, 3600 seniors


February 22, 2015


Interesting observations on the US Senior citizen mindset


65% of seniors say they are in their best home now, and do not want to lose independence and love of their community and friendships.


Many realize they will need extra care and need help in the future as needs expand


64% would move possible one more time (some reasons as follows)


24% anticipate to move closer to family


Gov't survey found 81% over 65 own home, 72% paid off and have a 4 Trillion dollars equity.


51% will move to smaller housing due to government taxes, mandates and upkeep.


30% will move to larger housing due to family inclusion and financial considerations.


19% will move to a smaller due to health and wellness issues


85% over 70 years old want extended care in own home is necessary


Only 10% say assistance living is for them


4% want to move in w/ family

=====================================================


Data by 'Age Wave" Ken Dychtwald


Turning empty nesters turning homes into a Nurturing nest


Want to remodel their homes, for when kids and friends visit.


61% feel free from yesterday's chores and obligations.


47% spend on renovations (knock out walls for more space, remodel kitchen, after kids


Most have offices in home now, buy fewer foods (221 items vs 250 in pantry) vs in '05


(Government research, says more pork and beans and canned beets play role in pantry)


Eating out more is now a past time (like mini vacation) 65% fast food 37% w/ waiters etc.,


Most order water w/ meals…eat out 3or 4 times week via Groupon, Happy Hour, bar food,


Spend $12.00 on take out for 3 more meals with leftovers


Senior says it is costly to live alone. (More into in roommates….Future growth in shared housing and villages are rapidly raising (keep watch on each other)


Most worry about making money lasting longer


80% are in TECH, cut home expenses, like app controls.


76% into internet etc., connect w/family and friends and social

=====================================================


Dallas Morning News, February 28, 2015


According to PEW research center….51 million Americans or 16.7% live in a house with at least two generations under one roof.   


Also, a 10.5% increase in multigenerational households from 2007-2009.


Reasons are jobs, divorce, debt, be-backers ages 21-35, college debt,


Television series pave the way of acceptance, Walton's, plus others bring thought to same.  But most do not have retirement plans of their own….that brings new problems for the future.



--
Bill
Main blog: Fear, Fun and Filoz
Main web site: Kirbyvariety


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