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CHICAGO — Millions of Black and Hispanic middle-income older adults will lack the financial resources to pay for seniors housing and healthcare expenses as they age, according to new findings from NORC at the University of Chicago’s “Forgotten Middle” study commissioned by The SCAN Foundation.  The analysis shows the number of middle-income older adults of color will increase from 12 percent in 2020 to 25 percent by 2035, yet this population will be least likely to afford seniors housing and care when compared to the middle-income older adult population as …

EVANSTON, Ill. — Members of Generation X — those born between 1965 and 1980 — are more concerned about aging than their baby boomer counterparts, particularly about finances, memory problems, and social isolation. Boomers, on the other hand, are more worried about losing independence. That’s according to a research study by Mather Institute, the research arm of Evanston-based owner-operator Mather. The institute recently released the first findings from its five-year study titled The Gen Xperience: A 5-Year Journey into the Lives of Generation X. The study surveyed 2,504 members of the …

ANNAPOLIS, Md. — The occupancy rate for private-pay seniors housing rose 80 basis points to 85.1 percent in the fourth quarter of 2023, according to data from NIC MAP Vision. It’s the 10th consecutive quarterly increase in occupancy as the industry continues to recover from impacts of the COVID-19 pandemic. The occupancy figure marks an increase of 730 basis points from the pandemic low of 77.8 percent in second-quarter 2021, but still just shy of the pre-pandemic mark of 87.1 percent in first-quarter 2020. NIC MAP Vision is a product …