NIC Talks, a newly added feature to the National Investment Center for Seniors Housing & Care (NIC) Fall Conference, designed to spark conversation about the future of aging through individual 12 minute talks. Industry insiders and outside disruptors will draw on their experience and knowledge to answer the question, “What do you envision happening over the next 10 years (2016 – 2026) that will revolutionize the aging experience of the first boomer turning 80 in 2026?” NIC is pleased to announce Michael Townsend, founder and COO of HomeHero will participate in the talks as an outside disruptor.
We frequently receive questions about the relationships between demographic trends and seniors housing demand at NIC and this commentary briefly addresses the topic. The chart below depicts the annual growth rates of three U.S. population age cohorts—(1) persons aged 75 - 81, (2) persons aged 82 – 86 and (3) persons aged 87 plus for the period beginning in 2012 and ending in 2030. The chart uses data from the U.S. Census Bureau’s 2012 Middle Series projections for the growth rates of these three cohorts.