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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)

by Norma B. Coe and April Yanyuan Wu

2/20/2013
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2009 Overview of Assisted Living
Overview of Assisted Living

This data-packed research report of more than 50 pages provides senior housing providers, associations and other professionals with essential facts and figures about assisted living to help define the business to investors, media, consumers and others and is the most comprehensive effort to detail key benchmarks in the assisted living business. Free for Members | Non-Member Price: $125.00. Get the report now.

Please feel free to download the table of contents and information on the Methodology and Data Analysis Link Icon to better acquaint yourself with this publication.

2012 Largest Providers
2012 Largest Assisted Living Providers

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