Ride-sharing technology has the potential to lead to vast improvements in the lives of older adults. Read more about Lyft and Uber for seniors and the potential they have to improve seniors' lives.
Given the aging U.S. population, I’ve long wanted to invest in healthcare. But money and the politics around it have frustrated such ideals, so no investment in this area is a slam-dunk. But National Health Investors (NHI), a good-yielding REIT, comes as close to it as anything I’ve seen.
Today’s technology is not only for the young. The digital age has brought with it innovations which aim to benefit seniors. A new age of Internet of Things (IoT) devices has made senior care better, more efficient and less costly.
Our self-driving future may not be quite as imminent as you think. Millennials would like to kill cars, but most don't have good alternatives for getting around. Boomers aren't moving into senior housing as quickly as previous generations.
Why are there so many child-free elders in senior housing communities? They had no adult children to help them make the challenging transition. With the Baby Boomers there, will be many more solo agers who will need to make that move.
Is the senior housing industry ready for Baby Boomers and solo agers? No. They will need to revamp their features, engagement level, and financial models to stay viable and attract the next generation of the oldest older adults.
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