For those unfamiliar with the “Silver Tsunami,” it refers to the aging of the Baby Boomer generation, which is creating a major demographic shift in the U.S. population. Since 2010, 10,000 Americans have turned 65 every single day – a number that will only continue to increase. In fact, by 2030 all 73 million Baby Boomers will have turned 65, making up 20 percent of the total population. The average lifespan has also increased dramatically, so much so that by 2060, the number of people 85 and older is projected to triple from 6.7 million in 2020 to nearly 19 million.
With the second highest percentage of individuals 65 and older in the country, making it the second oldest state in the country, Florida is experiencing the Silver Tsunami (also called Peak 65) to an even greater degree. Specifically in Miami-Dade County, 17.2 percent of the total population is made up of people age 65 and older.
With seniors living longer, the need for residential senior housing and health services is exploding. And there’s reason to believe the supply won’t be able to meet the demand both nationally and in the South Florida market. According to Multi-Housing News, senior housing construction is at a historic low, while senior housing occupancy climbed to 86.5 percent in 2024 – a trend which is true for South Florida as well.
Forward-thinking seniors have begun planning for their future residential and healthcare needs by reserving spots within senior living communities sooner rather than later. Slated to open in 2029, FiftyTwoNorth, a one-of-a-kind, luxury independent living Life Plan retirement community in the heart of Miami, brings you an incredible, active senior lifestyle full of resort-style services and amenities – while helping you make a proactive plan for your future. And most importantly, by reserving at FiftyTwoNorth now, you won’t have to worry about long waiting lists or missing out on your preferred type of residence – your place will be secured.
At FiftyTwoNorth, in addition to securing a luxurious independent senior living residence, you can have a secure plan in place for the future before any healthcare needs arise. As an independent living Life Plan retirement community, FiftyTwoNorth will provide a lifetime healthcare benefit of $2,000 off market rates per month/per person, for any level of care provided by Miami Jewish Health, when and if you need it.
Even if you’re not quite ready to move to a senior living community, now’s the perfect time to learn more about everything FiftyTwoNorth offers, so you can enjoy all the benefits of FiftyTwoNorth’s luxurious, maintenance-free lifestyle once it opens – including a fully-equipped fitness center, 11 th floor Sky Lounge, outdoor pool and spa, and so much more.
The “Silver Tsunami” has arrived in South Florida. Get ahead of it by calling (786) 998-9320 to schedule an appointment at our Information Center and learn more about the newest independent living Life Plan retirement community coming soon to Miami.
