Youth Movement at Retirement Communities

August 13, 2010 RSS Feed Print
  • Comment (1)

There were no formalized retirement communities 50 years ago. But on New Year's Day of 1960, Del Webb invited the public to take a look at his new Sun City complex outside of Phoenix. According to company history, Webb wasn't sure how many people would show up. But when he tried to drive to the event, he found the roads so clogged he was forced to hire a helicopter to make it into Sun City. The official tally would later show that more than 100,000 people had turned out to see his vision of a retirement community.

[See The 100 Best Mutual Funds for the Long Term.]

Del Webb died in 1974 and his company is now a division of Pulte Homes. There are numerous Sun Cities across the country. The original Sun City has gone through a major life cycle transition during its 50 years. Its explosive growth led to thousands of homes and turned the area first into a national model and, later, into a stereotype of undesirable retirement living, much like Leavittown had become when that early pioneer of tract homes opened in Pennsylvania in the early 1950s. Today, more than 48,000 people live in Sun City, but the focus of the complex and of senior communities in general reflect how much the concept of retirement has changed in the past 50 years.

"In 1960, the typical buyer in Sun City was a married couple," says company spokesperson Jacque Petroulakis. "The wife typically had never worked. They were retired. They didn’t work anymore. . . . Think of today's demographics compared with 1960," she continues. "People are working longer, and both people [in a couple] are working. . . . Half the people in our communities are working today versus 1 or 2 percent in 1960."

Webb focuses on the 50-plus market, and its communities have been pushing a youth movement for some time. Physical fitness facilities have expanded along with group learning and cultural activities. The homes themselves have become steadily larger over time, although a move back to smaller homes has emerged since the national recession and housing meltdown.

[See Join the Senior Surge in Physical Fitness.]

And beyond Webb, senior communities have mushroomed over the years. In addition to the active lifestyle communities of Webb and 55-plus developments, retirement communities have sprung up for older residents as well. While nursing homes still house millions of older Americans, most occupants are infirm and unable to live independently. Meanwhile, improvements in health and longevity have created a generation of very healthy and active people in their 70s and 80s.

For healthy seniors with financial resources, continuing care retirement communities (CCRCs) and other unassisted living facilities have grown into a sizable industry. But with average ages of new residents in their early 80s, these complexes are also looking for younger residents. A challenge for many communities is that people are staying active and healthy into much later ages. The continuing care features of CCRCs are not such a strong draw for this group.

The retirement label is not popular, either, these days. And another consistent change involves the movement of the senior housing industry away from sameness to variety. "In 1960 it was easy to generalize about what consumers wanted," Petroulakis says. "Today, the group is just way too diverse to generalize."

Almost since the first cookie-cutter living units started popping up in senior housing complexes around the country, developers have been striving to find cost-effective ways to create unique housing and living experiences. In recent years, the trend has extended to dining plans. Where one daily meal used to be a standard fixture of many senior facilities, a la carte dining has emerged as a popular way of letting residents tailor their own dining experiences.

Different residential living agreements have also proliferated during the recession, as communities tried to expand ways in which their offerings were attractive to prospective residents. Today, consumers can choose from many living and care plans.

[See Time to Lock in Bargains for Senior Housing.]

Tags:
aging,
housing,
retirement

Reader Comments Read all comments (1)

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

You might have mentioned John Meeker II, one of the main driving forces behind the whole retirement community concept; possibly more important as the the individual that ensured Sun City and then Sun City West succeeded and thus contributed to the entire ongoing story of retirement living. He and Owen Childress, along with Jimmy Boswell whose main but certainly ont only contribution was financial (through land) were the real "Fathers of Retirement Living." I think this can be said without taking away from Mr. Webb's numerous contributions and achievements.

Dr. Brad Lumpkin of CA 7:57PM August 13, 2010

The Best Life

Philip Moeller, contributing editor for U.S. News Money, writes about achieving success and happiness in older age.

advertisement

Our retirement readiness calculator will provide a rough idea of how long your retirement savings and income will last.


Latest Video

advertisement