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Seniors Housing Residents Financial Survey Results Released

assisted living graph
The results of a groundbreaking survey regarding the financial well-being of seniors housing residents are now available to download. The survey was designed and conducted by the Center for Retirement Research at Boston College (CRR) to better understand the current and future economic situation of the individuals living in private pay independent living and assisted living communities.  It was supported by ALFA, NIC and ASHA.
The survey gathered information on the income and assets of the population at the time of the survey (2011), as well as retrospective information concerning living arrangements, care provision, and financial gifts given. Topics addressed include the costs and satisfaction with the communities, methods of paying for the community, evidence of spending down or giving away assets, financial concerns, and the geographic mobility among the residents.
The survey’s sample consists of 2,617 respondents living in freestanding independent living communities, freestanding assisted living communities, and communities that offer both independent living and assisted living care segments. The survey respondents completed an anonymous questionnaire consisting of 41 questions posed across eight (8) pages. The results of the survey are so extensive that the findings are presented in a four-volume set of papers spanning 107 pages.

Download the Residents Financial Survey Reports (below)

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2015 Largest Providers
2012 Largest Assisted Living Providers

Senior Living Executive, the award-winning magazine of the Argentum, has released its much-anticipated annual list of the Largest Senior Living Providers in the assisted living, independent living, and memory care business. The list features the industry's Top 80 Largest Senior Living Providers - giving readers and industry watchers a broad view of the competitive senior living landscape.

The Senior Living Executive Conference
conference panel

Each year, the Senior Living Executive Conference welcomes thousands of senior living professionals from around the world for four days of executive education, networking, problem solving and idea development. Registration, photos, recaps, and more informations are available on the Conference website.

survey methodology cover

Seniors in assisted living overwhelmingly feel safe in, and satisfied with, the communities in which they live, according to a new poll. The nationwide survey of seniors currently living in assisted living communities found that fully 93% feel satisfied with their community, including 68% who say they are “very satisfied.” The survey also found residents almost unanimously feel safe in their communities, with 99% of respondents reporting they feel safe.

Download these findings as a PDF
View the 2013 Survey of Assisted Living Residents Press Release
View the 2013 Survey of Assisted Living Residents Methodology

If you have any questions about this survey, please contact ALFA at 703-562-1192.

Find Your Dream Job
ALFA Career Center

Ready to take that next step in your career? The Senior Living Career Center contains hundreds of hot job opportunities for senior living professionals including: executive director, sales & marketing, clinical services, and executive-level positions. Take the first step by posting your resume and visiting Argentum's Career Center.