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Are there any downsides to 55+ communities? What to know before you move

According to the Population Reference Bureau, by 2060, nearly one-quarter of all Americans will be age 65 or older. This demographic shift has made 55+ communities a popular housing option, but many prospective residents wonder: Are there any downsides to 55+ communities? While these communities offer attractive benefits like social opportunities and low-maintenance living, they also come with drawbacks such as strict rules, high costs, and limited age diversity.