The Need For Senior Care Is Exploding…
Did You Know:
- The fastest-growing segment of the U.S. population is 85 years of age and older. It’s a population base that’s expected to double by 2025
- There are currently almost 40 million people in the U.S. who are more than 65 years of age. This population group is expected to increase to 54 million by 2020
- The senior in-home care market hasn’t yet come close to reaching its potential, but it’s on the verge of exploding and will continue to grow rapidly over the next 40 years
In a 2005 report, U.S. comptroller David Walker likened the growth of our elderly population to a force of nature. He said, “We face something unprecedented in the history of this country. It’s a demographic tidal wave, a tsunami. It is the retirement of the Baby Boom generation, and, unlike most tidal waves, which recede, this one will never recede.”
This wave is accompanied by unprecedented high levels of wealth in our society. For the first time the generation of seniors and their children have the discretionary income to pay for in-home care. They appreciate the obvious benefits of the personalized one-on-one care that Stay At Home provides. They also appreciate that, when compared to other services or residential living facilities, Stay At Home is clearly the best value.
The increasing demand for affordable, high-quality senior in-home care is exciting and energizing. It represents a remarkable opportunity for Stay At Home franchise owners to achieve record-setting levels of profitability and for our company as a whole to grow by leaps and bounds.
