Assisted Living Network Podcast

Overbuilding in Assisted Living - Part 2


Listen Later

When we talk about overbuilding,  five years from now are we really going to need this? Let me help you with some math right now there are 77 million baby boomers, 10,000 people a day are turning 65, but more importantly, over 4,000 a day are turning 85. That is 1.5 million people turning 85 every single year. Not all of them are going to survive to  86 or 90. And not all of them are going to need assisted living. But if just 20 percent of them need assistance with their activities of daily living for an average of three and a half years.

So 1.4 million 85 year olds that will need additional help in the next five years. And most people would rather live in a home, where the care is five residents to one caregiver, where the food is fresh and it's coming from a kitchen that's 25 feet away. Where they can live in a room, maybe a private room, but live in a home. The reality is they are looking for friends and companionship. They're aging and they are coming and we have an opportunity to take advantage of providing for them this home, help, and service. And the need is only going to increase.

🎓 Ready to turn your passion into profit? Join Isabelle Guarino’s private Skool community to learn how to launch, run, and grow your own residential assisted living business. Get access to exclusive trainings, expert Q&As, and a like-minded community all in one place. Start learning today! → https://www.skool.com/ralacademy/about 

Subscribe Wherever You Enjoy Your Podcasts
Apple Podcasts: https://impct.live/applepodcast
Spotify Podcasts: https://impct.live/spotifypodcast
More Listening Options: https://impct.live/alnetworkpodcast

...more
View all episodesView all episodes
Download on the App Store

Assisted Living Network PodcastBy RAL Academy

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

49 ratings


More shows like Assisted Living Network Podcast

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,749 Listeners

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

702 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,847 Listeners

Negotiate Anything by Kwame Christian Esq., M.A.

Negotiate Anything

718 Listeners

Oprah's Super Soul by Oprah

Oprah's Super Soul

31,694 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,081 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

723 Listeners

My First Million by Hubspot Media

My First Million

2,660 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,819 Listeners

On The Market by BiggerPockets

On The Market

901 Listeners

BigDeal by Codie Sanchez

BigDeal

950 Listeners

Assisted Living Investing by Brett Chotkevys

Assisted Living Investing

18 Listeners

The Assisted Living Investing Podcast by Brandon Gustafson

The Assisted Living Investing Podcast

3 Listeners

The David Greene Show by David Greene

The David Greene Show

706 Listeners

The RAL Room Assisted Living Podcast by Charlie Cameron and Dr. Alex Schloe

The RAL Room Assisted Living Podcast

24 Listeners