Middle-class retirement options pretty limited
June 10, 2013 11:43 PM | 1251 views | 0 0 comments | 85 85 recommendations | email to a friend | print

Re: Story, “Isakson Living proposes $200M senior development,” Sunday’s MDJ

The concept is to be heralded, however many developments are outrageously expensive for the middle-class senior. It would be nice to have a new, clean facility, independent living quarters of 900 to 1,000 sq. ft. with an a la carte setup for perks of daily meals, housekeeping etc. I laugh whenever I see $800,000 senior single residence projects which only the wealthy, old family money or nouveau rich seemingly can afford.

Continually building very expensive senior projects appears discriminatory at a time when lower middle class baby boomers also retire and want to downsize to affordable apartment living. The maintenance is key to the development and curb appeal. Retiring baby boomers are not limited to only the wealthy and well-connected. Not all seniors want public housing or to spend their savings on ultra-expensive projects. I realize it is all about money, but it is unreasonable when addressing baby boomers, which is new phenomenon to many in power, However it is a fact so adjustments should be considered. The world is changing.

This mindset of ultra-expensive developments lends itself to creating blighted areas of the have-nots and sections of the ultra-wealthy.

When I was younger, living in Silicon Valley, I had money, but with life and the economy, things happen which can significantly alter one’s life. There are many seniors here to whom this has happened and which should not be ignored when approving such development. One does not need wealth to be clean, tidy and with desire for a decent standard of living or lifestyle.

Please consider these middle of the road thoughts for future senior developments. Today’s world and politics should be given thought as an integral planning consideration.

Barbara Baldwin

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