Aging baby boomers are transforming the retirement marketplace into opulent and luxurious environments, with emphasis on nutrition and fitness, along with wellness programs to enhance the quality of life. Companies such as IDEO are creating a myriad of objects using empathetic design, aiding people to grow older with grace and dignity. The Internet of Things phenomenon is showing wide application for seniors, providing self monitoring software applications and wearable devices to help them keep aware of their physical condition and paving the way for Virtual Healthcare. As the movements above converge, the existing retirement community model faces disruption and a refreshing evolution towards resort living. Public space design will have to account for the mature demographic by designing places for resting as well as for exercising or possibly for both.Aging baby boomers are transforming the retirement marketplace into opulent and luxurious environments, with emphasis on nutrition and fitness, along with wellness programs to enhance the quality of life. Companies such as IDEO are creating a myriad of objects using empathetic design, aiding people to grow older with grace and dignity. The Internet of Things phenomenon is showing wide application for seniors, providing self monitoring software applications and wearable devices to help them keep aware of their physical condition and paving the way for Virtual Healthcare. As the movements above converge, the existing retirement community model faces disruption and a refreshing evolution towards resort living. Public space design will have to account for the mature demographic by designing places for resting as well as for exercising or possibly for both.
FACTS Amount of U.S. baby boomers turning 60 every day: 8,000 People currently over 65 years worldwide: 483 million People over 65 years worldwide by 2030 : 974 million Amount of the world population who will be seniors in 2025: 18% Amount of US prescriptions accounted for by seniors: 40% Amount of 65 year old men for every 100 women in the age group: 72 Amount of 85 year old men for every 100 women in the age group: 45 Percentage of Medicare budget spent on beneficiaries in their final year of life: 30%