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July 20, 2016 1 min read

The need in senior living for a middle-income price point is growing, as the reality of the demographics coming down the pike is alarming and impossible to ignore.

By the year 2036, 40 percent of people over age 62 are projected to have assets of $25,000 or less, and 20 percent are expected to have $5,000 or less in assets, according to figures presented by Plante Moran Living Forward at the 2016 Senior Housing News Chicago Summit on July 14.