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16

J A N U A R Y , 2 0 1 8

CONT I NU E S ON PAGE 18

A

ccording to AARP, one in three Americans is now fifty

or older and by 2030, one in five will be sixty-five or

older. In fact, the 2010 U.S. Census Bureau reported

that the sixty-five and older age group has grown at a faster

pace than our population and is projected to increase to

fifty-five million in 2020. These statistics are compelling and

will have a significant impact on community associations in

the coming years. With almost ninety percent of adults aged

sixty-five and older wanting to stay in their current homes, the

impact will be seen in both age-restricted and non-age-restrict-

ed communities. This is known as “aging in place,” which

has been defined as “the ability to live in one’s own home and

community safely, independently, and comfortably, regardless

of age, income, or ability level.”As people are living longer,

communities will be faced with the daunting task of poten-

tially managing seven diverse generations residing in the

same neighborhood. Everything from association amenities

and social activities to governing documents and budgets

will need to address and cater to this broad spectrum of

residents. Many of today’s communities are not properly

prepared to handle the costs of meeting the needs of

Generation Title

Year Born

Centenarians

1917 and earlier

Matures

1918-1945

Baby Boomers

1946-1964

Generation X

1961-1981

Millennials

1981-1996

Generation Z

1996-2011

Generation Alpha/iGeneration

2011-Present

A Look at Safety, Comfort, and Independence

By Glenda Carroll, CMCA, AMS, PCAM, LSM,

Toll Brothers, Inc.

and

Nancy Hastings, CMCA, AMS, PCAM,

Associa Mid-Atlantic - King of Prussia

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© iStockphoto.com

Figure 1: Number of Persons 65+,

1900-2060

(numbers in millions)

those residents who want to “age in place” safely and

comfortably in their homes.