Reports of the death of serviced apartments are premature: assisted living is finding new life as a self-funded model driven by Baby Boomers’ desire to avoid residential aged care.

Assisted living, serviced apartments, care in the village… whatever you call it, Plan B – the idea of contributing to your own care and accommodation as you age – is gaining traction among older Australians keen to avoid the fate of their ‘Silent Generation’ parents.

What is ‘assisted living’?

In the United States wher