Ann Arbor well positioned for Baby Boomer retirement growth
Since the new year began, there has been much said about the first Baby Boomers now hitting retirement age. Every day, for the next 19 years, between 7,000 and 10,000 Baby Boomers will hit age 65. Ann Arbor is in a great position to benefit from this significant shift.
Ann Arbor has become a retirement community of choice, and it has happened quietly, without any fanfare. People are increasingly choosing to spend their senior years in Ann Arbor.
It doesn’t get the visibility of high-tech start-ups, but the senior living industry has become big business in Ann Arbor. The living choices are numerous, from fully independent to full hands-on care. In the Ann Arbor area there are 26 independent living communities, 16 assisted living facilities, as well as nine skilled nursing facilities.
Many people move to Ann Arbor to be with their grown children or other relatives that live in the area. Bob Borowski, resident at Lurie Terrace (senior apartment community), moved here to be closer to his son in Saline, not to mention to watch Michigan football on Saturdays. Others move here just because of what Ann Arbor offers; this is simply where they want to spend their retirement years.
University Living is an independent and assisted living facility located near Briarwood Mall. Barbara Exel, the executive director, says they "pull from across the U.S.” Today, according to Exel, seniors are not looking for a place to quietly pass away; they are “looking for a place to thrive.” She has residents that moved from Florida, not because of nearby family, but because they want to continue to experience life.
There are also the many people who have spent their adult working years living in Ann Arbor. They have an important decision to make when they retire: where to live. They do the research, consider all the choices, and many decide to stay put, because of what the city offers.
Why not Florida or Arizona? Why Ann Arbor? In a nutshell, it’s the vibrant stimulating community, with great medical resources. The University of Michigan has a great deal to offer culturally. There are the museums, musicals, plays, and concerts. Of course, the sporting events are a huge draw as well, and it is not just football and men’s basketball. The local senior community is also quite supportive of baseball, softball and women’s basketball.
The local medical facilities are a significant factor in drawing the retired to Ann Arbor. U.S. News annually ranks The University of Michigan Hospitals and Health Centers in the top 15 hospitals in the country. The St. Joseph’s Mercy Health System is an expanding, prestigious institution. Statistically, the area has 580 physicians per 100,000 residents, compared to the U.S. average of 223.
The amenities many residents take for granted also play an important role in making Ann Arbor a retirement community of choice. In this day of reduced services in most cities, the local library system is very alive, with new branches and a continuous stream of programs and activities. The city’s 157 parks offer a huge variety of recreational opportunities.
Ann Arbor ranks very high on many lists — America’s Most Livable Cities (No. 4, Forbes, 2010), Healthiest Hometown in the United States (No. 1, AARP, 2008), Best Walking City (No. 3, Prevention Magazine, 2008).
Being a retirement community of choice has major benefits for Ann Arbor. The senior population provides important diversity to the local economy. Social security is a national program, and with more seniors living in Ann Arbor, this effectively brings more federal money to this community. Retirement incomes (pensions and investment accounts) add significant dollars to local businesses. Health care, including Medicare, is also a mobile financial benefit seniors bring with them.
There are also softer, less obvious aspects. Seniors in Ann Arbor add significantly to the richness of the local community. These residents are very involved in Ann Arbor life. They volunteer in huge numbers, contributing their time to service clubs, nonprofits, and medical organizations.
Residents at Lurie Terrace are very active locally. Sue Buday, executive director, talks about how their residents work hard each month, to organize and pack several hundred “Carly Kits,” packages of children’s books provided to hospitals for new moms. According to Connie Zatsick, resident relations/leasing specialist, the Lurie Terrace community has several writers, including Virginia Newell who just published “Season to Taste.” Zatsick says their residents also include still active teachers, lawyers, social workers, and caregivers.
The added diversity to the local population is beneficial for all. Those younger gain more appreciation and respect for seniors. Time spent with seniors can teach patience, and that it’s sometimes okay to slow down.
Seniors make Ann Arbor an extra special place, and Ann Arbor is ready for the Baby Boomers.
Alan Caldwell is the owner of Senior Helpers, providing in-home care services, primarily to the elderly. He can be contacted at acaldwell@seniorhelpers.com, or at 734-927-3111.
Comments
CynicA2
Fri, Feb 18, 2011 : 11:34 p.m.
The only boomers who will retire here are well-to-do folks who like lousy weather, crappy roads, and high taxes. Additionally, their egos should be several times the size of their brains, so they can more readily deny the obvious shortcomings of this over-rated burg. Who really wants to spend their "golden years" freezing in the dark?
A2K
Thu, Feb 17, 2011 : 4:29 p.m.
I've really enjoyed the seniors I've had in classes at WCC - I had a class partner for an art appreciation course who was 79-years-old (I was 19 or 20 at the time) and she was great fun, and her experiences really added to discussions. It's nice that many of the seniors who retire in A2 are educated and continue to love learning/being active/meeting people, etc. Nothing is worse than a town full of old sourpusses who hate everyone and everything.
Tom Whitaker
Thu, Feb 17, 2011 : 3:55 p.m.
Our neighborhood is home to several retirees who enjoy living in a modest home, with little yard work, that is close to the bus station, public library, other downtown businesses, and campus. We also have a number of families and boomers who are approaching retirement who would love to stay. My house was occupied by a woman who lived here for 60 years and passed away in it at age 101. Similar story next door. Unfortunately, the Mayor and Council have decided unilaterally that our master plans that contain property owners' and residents' wishes don't matter. Instead of preserving these densely populated, diverse neighborhoods, preferred by owners and residents of all ages, they have decided that these houses should be torn down and replaced with student apartment buildings.
bugjuice
Thu, Feb 17, 2011 : 2:33 p.m.
Rick Snyder's budget proposal are going to make things a lot harder for retirees. Cat food will become a diet staple. Seniors will not be able to afford to live in the places in this article