Where Are Seniors Moving for Senior Care?
The vision is usually always the same. The senior wants to stay in close proximity to their family, regardless of the state they live in. However, the reality is that a full 60% of seniors end up moving to locations within their state that weren't their initial preference. So how does this happen? Proximity of Exceptional Medical Facilities Seniors with a chronic condition or illness are likely to prefer moving into a senior care facility that is close by a hospital or medical facility that can assist them with their medical needs. Proximity of Friends and Family While some seniors might prefer to move south to warmer climates, others prefer to either move back to their families, or stay in town with their families to see their children and grandchildren on a regular basis. Budgeting The cost of living in a senior care community is directly affected by the other property values within that neighborhood. Depending on the senior’s budget, one location may be more des...