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Senior Care Opportunties: What do our elders need and want?

By Marilyn Ellis

Republish: EasyPublish™
Published: 25Jul2009
Word count: 450
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According to a recent United Nations Study, the older population is growing at a faster rate than the world's total population. It is predicted that by 2050, older persons will make up more that 50% of the populations in western, developed nations, including The United States. As our beloved seniors leave the work force, there are not enough younger replacements. In addition, our need for elder care and senior services is rising faster than we can come up with solutions. Older women outnumber older men by a landslide.

This is not meant to be a doom and gloom report. On the contrary, what I am saying is that where there is a tremendous need, there is also tremendous opportunity for creating new services. Not only are the seniors themselves going to need help; their families will need help and support too.

It's only going to get bigger.

Right now, a senior and/or their concerned family members have to navigate through a myriad of agencies and referral services to find housing, medical care and ancillary services. Just figuring out if Medicare, Part B will cover a wheelchair can be a real trip down Alice's rabbit hole! Adult children of seniors often live far away and/or can't help.

The opportunity lies in creating a one stop service that will address all the needs of seniors and their families. Companies that create a one stop shopping service where seniors and their families can get all their needs met will be tapping in to an ever growing client base.

What do Seniors need now and what will they need later?

1. Help deciding if they can remain safely in their own home.
2. Knowledge of home safety products available
3.Help finding senior services of all kinds
4.Protection from Elder Care Abuse
5.Help finding affordable housing
6.Help navigating through government bureaucracy regarding Medicare benefits and Social Security 7.Help moving 8.Help disposing of unwanted property
8.Social Interaction
9. Protecting their legacy
10.Protecting their finances
11. Keeping in touch with family
12. Transportation
13. Good Health
14.Home Care

There are so many opportunities in the Senior Service industry. Seniors need our help and in helping them, we can create beneficial and profitable businesses at the same time. Ask anyone who works with seniors and they will tell you that it is a truly rewarding experience.

Ask anyone who works with seniors and they will tell you that many of their needs are now just being recognized for the first time. Industry has not yet caught up with the market opportunities of this rapidly growing population.

Those already in the senior care industry need to look beyond what they currently offer and expand their services to meet the needs of their clients. Opportunities abound.

Marilyn Ellis, Author, Speaker, Professional Organizer, Senior Move Manager and Business Development Coach, loves working with senior clients and their families. She also coaches individuals and companies on how to grow their senior service businesses. For three FREE reports on how to become part of the growing senior care industry, visit her website at http://www.movemomanddad.com .

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