LeadingAge New York Adviser Fall 2015 Vol. 1 | Page 28

CONFERENCE RECAP Based on the conference program entitled: An Industry Poised for Change CONVERSATIONS I THAT MATTER: PREPARING FOR THE EXPECTATIONS OF YOUR FUTURE CONSUMERS n the future, baby boomers want to live in a place that makes them feel as special as their mothers told them they are, and we should be planning accordingly. Richard Rosen, principal at Perkins Eastman, said it best: “Businesses that are able to respond to that eternal wish ‘I want to stay in my own home’ will thrive.” But what is home and what will it be in the future? Perkins Eastman Research surveyed major not-for-profit providers and industry consultants across the country to more thoroughly understand current trends in senior living care. Almost 200 respondents addressed four major areas of interest: industry trends, healthcare and senior living convergence, memory support and neighborhood and Small House programs. For more information on these results go to “Senior Living 2015 Survey: An Industry Poised for Change” in the handouts section from the LeadingAge New York annual conference. Current trends indicate a desire for communities that support people as they age in their home. These communities can be clustered housing, built in existing neighborhoods with support and services or near college communities where boomers can continue to learn in their senior years. Home can also be what is known as a “household.” Households are being created for two primary reasons. One, they are in response to the fastest-growing sector of care, dementia or memory care. This form of home is considered to be the gold standard for patients who have memory issues. Two, they are being created for the boomers who grew up in the 60s where communal living was desired. This is a return to sharing tasks and responsibilities for all aspects of daily living. Almost one third of respondents said they either have a household-type building existing or in the planning stages. Co-housing is another trend where retired seniors share housing costs and other responsibilities that come from living together. What is certain as we look ahead is that people will age, they will want to age in their homes and they will need to have access to services (Continued on page 28) 27 Adviser a publication of LeadingAge New York | Fall 2015