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Monday, November 14, 2011

New Options For Gay Retirees

SmartMoney
November 14, 2011

New Options For Gay Retirees

Demand for gay and lesbian senior facilities is growing as are the choices.

By CATEY HILL

Not too long ago, there was no such thing as a gay retirement community in America. But as the number of retirement facilities which cater specifically to seniors with a common interest, hobby or trait has multiplied, so too have the options for gays and lesbians.

There are currently about a dozen seniors-only housing developments that are marketed specifically to gays and lesbians, says Andrew Carle, the founding director of the senior housing administration at George Mason University. That's up from just a few a decade ago. And retirement experts expect the trend to continue.

"As the economy and the real estate market improve, we may see more of this," says John Migliaccio, the director of research for the MetLife Mature Market Institute, who has studied the aging gay and lesbian population extensively.

continued:
http://www.smartmoney.com/retirement/planning/new-options-for-gay-retirees-1321237045923/

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