Target recruiting efforts to affluent retirees. Carefully analyze amenity improvements needed by target population. Amount of job growth stimulated by retirement income is similar to that brought by industry. Many jobs generated by a retirement community are low skill, low pay service jobs. This may not be all bad in an area where there is a surplus labor supply of low-skilled workers.
Retirees provide a ready pool of volunteers for community.
Anticipate and provide for eventual need. Fiscal burden of elderly medical care is primarily assumed by Medicare, insurance and the elderly themselves. Federal govt is playing a decreasing role in Medicare benefits for elderly health care. Affluent retirees will not be entirely dependent on Medicare support for medical costs. Compared to other industry, retirees do not pollute, destroy infrastructure or the environment, therefore do not incur large investments in infrastructure by the local government.