What Are Retirement Communities?


Quick Answer

A retirement community is a housing complex that offers the elderly a broad range of leisure activities and recreation centers. It allows older adults to engage in an active lifestyle while maintaining independence. Retirement communities typically offer meals and housekeeping services in addition to other activities.

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Full Answer

People who live in retirement communities take care of themselves and are able to select in which activities to participate. They are also free to come and go at any time. As of 2015, the demand for housing in retirement communities is very high on account of the baby boomer generation that has started entering the retirement age. The number of households in such communities is likely to reach 10 million during the next decade.

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