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Silver Tsunami In A Nut Shell

  1. 45 million seniors currently reside in the United States and is expected to double to 90 million over the next 5 years.
  2. 64% of 90 million older adults (57.6 Million) will only have Social Security with an average income of $1,294.00/per month.
  3. 78% of older adults will own their homes meaning that 12.672 Million older adults are at risk of homelessness due to increasing rental rates and long waiting lists at affordable housing communities.
  4. HUD Choice vouchers and entrance into Older Adult communities for persons 62 years old and over have a 5 year average wait list across the nation.