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BOA Minutes July 6, 2017 Pg #8 some of that is needed. The fact is though there could be some places where someone may need to leave. Depending on the situation, if they've been with us 3, 4 or 5 years and are spending , down their. assets, we'll look to see what we can do to help. We'll also look at placement ' situations. Many of our residents die unfoatunately with us, but that's a fact of life. Rarely do they live more than 2%z or 3 yeazs with us. If we get to a situation like that a lot of times they may need heavier care which would require Nursing Home Care placement, In one of our buildings a couple of weeks ago we had a resident's daughter move her mother from our coimmunity where her mother was doing very fine in all of our programs and activities in what we call secured freedom inside and outside the building. The daughter said it was costing her too much money. She moved her mom into a small board care home where I believe the care is probably good but there's not much in the'way of activities, no activities outside. The daughter has now left for a 2 month vacation overseas. You have some of that type of'thing that occurs. It this case the mother was fine, clearly the daughter was more concerned about her inheritance at that point in time. Mr. Michalko asked, has any numbers been crunched on who could actually afford to come , into one of these facilities? Mr. Ritley replied, if you look at their median income eamed through their work in life, what they do with their money is a very individualized circumstance. You've got to think about your future when you're healthy. It's a simple obligation in a society that you participate in. If you don't because you didn't think it was worth your while or you'd rather live offof somebody ` else. or if your parents didn't instruct you properly or that was part of your culture of your family origin, or it turns out you have this society get into a massive intlationary state which we ` experienced, think about the 1970's. This is an unsettled world. We just do the best thing we can do. This should be a world of pluralism that we have these models out there, they aze trying to make progress. Tf the lessen is served, not that it should be a cruel or unfortunate lesson, but the lesson is we must save money for our old age for when we're not going to be able to manage ourselves as well as we could have when we were in our 30's, 40's, 50's or 60's. That's a responsibility and you're in a position to make that work. Chairman Prcela asked, how many beds? Ivir. Feltrnan replied, 72. I understand the concems. Honestly, candidly and being transparent, if we served everyone here, we would not be able to provide quality service and care. The cost is prohibitive to do so. We are serving as many people as we can. We're encouraging and trying to educate families to be responsible for their Mother and Dad. I went through this with my family, we had to educate our families to step in and help out as well. When we look at a market place in terms of underserved population, we identify it based on the senior population that's there and the growth of the senior population. What we don't take into account which is common in many places, is that if a parent lives somewhere else, a lot of times when Mom or Dad need health care the adult children will relocate them if there is a quality community close by. They'll relocate them to be close to home. In some of our communities, we have as many as 50% of our residents come from somewhere else, but their adult children live close by and they w ant t o t a k e c a r e o f M o m & D a d c l o s e b y. I n t e r m s o f t h e c h o i c e h e r e, y o u f o l k s h a v e t h e b.?u?