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An age-restricted community is a residential community, often gated, that legally discriminates on the basis of age to limit residency to a majority fraction of older individuals—typically 80% over a set age. The minimum age is frequently set at 55 years old, but it can vary.
Furthermore, most communities stipulate that if anyone under the age of 55 resides in their community, they must live in a household where at least one occupant is 55 or older. Nearly all age-restricted and active adult communities allow people under the age minimum, such as grandchildren, to visit and stay on a limited basis.
Currently, there are over 3 million lesbian, gay, bisexual, and transgender persons over the age of 65 in the United States, and this number is estimated to rise to 4 million by the year 2020. LGBT elders face many additional issues concerning their future retirement plans and their choice of a retirement residence.
The Los Angeles wildfires have set off a stampede to find housing, leading some property owners and managers to raise rents higher than the 10% limit in emergencies. NBC Universal 1 month ago
Residents at the 55+ community Century Village Pembroke Pines said they'll be paying $100-$200 more due to "skyrocketing insurance premiums.” “We are over $700 a month in HOA fees, and they ...
We found the best technology for adults over 65 at CES this year. From AI aids to ‘aging in place’ smart home solutions, the annual tech show kept older users in mind.
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