Residents Financial Survey
The Seniors Housing Residents Financial Survey summarizes the findings from a significant recent (2011) study. The articles were written by Norma B. Coe and April Yanyuan Wu of the Center for Retirement Research Boston College and provide an extensive economic profile of individuals residing in assisted living and independent living communities.
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.
ASHA, ALFA, and NIC underwrote this research study and ProMatura Group LLC provided valuable assistance to the Center for Retirement Research at Boston College.
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