A fairly spot-on assessment of the near future.
There are a couple of other points that might merit a mention. For instance, some of us sixty-somethings saw the writing on the wall, and have been making provisions as time went on. This would include little things like when upgrading the bathroom, installing handrails to serve as towel racks, and making sure access to all parts of the house remain unimpeded.
But eventually time will catch up with all of us, and it's here that the elephant in the room (and in this article) needs addressing. I'm talking about an exit strategy. The author speaks of attitude changes, and less tolerance of accepted social norms. We are indeed more likely to demand personalised approaches to care rather than institutional ones, and that will come to include the right to go when and as we want to.
In addition to God saving the Queen, let's hope his/her representatives here on Earth have the good sense to read the writing on the wall and get out of our way when asked to.

While my dog's bitch is a geriatric punk I am not.

The problem as I see it; is the destiny of demography and how to address it!
And that simply can't be hitting a shrinking pool of taxpayers with ever more and more and more tax.
Even as those earning the biggest profits pay less and less and less! All while the GNP grows bigger and bigger and bigger!
Rightly, they will scream blue murder, and start advocating compulsory euthanasia!
Particularly as PRIVATE aged care operators, with their hands buried to the hilt in the taxpayer pocket, start making millions or billions!
Most of this is fixed by home-care and allowing the user to decide how to best spend any entitlement, rather than coast dwelling providers!
And health just has to be turned on its head and go to prevention, and from endless and increasingly expensive symptom management!
The rest of the rationale, is encapsulated in genuine tax reform and lower costing Publicly supplied energy.
The only way to grow the economy, tax receipts, much faster than the demands that are eventually placed on them!
One can't grow the economy or just jobs, by creating a inmates in charge of the asylum paradigm, that simply puts people out of business!
When one discovers one is just flogging a dead horse, it time to mount a different one!
Read my almost endless posts on GENUINE tax/energy reform, here on OLO!
End of story!
Rhrosty.

Eloquentely put Rhosty, if somewhat convoluted.
I agree in large part, and I wonder if it isn't time for government to retake the power industry, excuse that dirty word "nationalise".
Let's face it, since privatisation the Power sector has become a literal feeding frenzy, and the meat in the water is all of us, directly through exorbitant bills and indirectly through the savaging the sector is inflicting on the Public Purse?
There are very good arguments for public ownership of the basic public necessities like power and water etc and it is only greed and short-sightedness by successive governments that has inflicted poorly exercised and supervised privitisation on us.

There are hosts of Filipinos and Filipinas, all well-mannered, educated and eager to fly over to first-world countries to care for the elderly there.

In countries that allow it, they stay at granddad/grandma's home and happily and lovingly take care of all their needs for a very reasonable salary. In those countries, no new buildings are necessary and the tax-payer doesn't need to pay a cent for that.

And here?

Ross you do seemingly miss one point. All this money doesn't have to come from developers or government.

You rightly mention that this coming generation of oldies is quite wealthy, by normal peasant standards. I would expect the sale of their primary place of residence should fund the purchase of retirement housing, & a reasonable life style there after, even without counting any superannuation funding.

I do expect we will see a stop, or at least a reduction of tax payer funding of us oldies, enabling us to preserve all the assets we have accumulated to bequeath to our kids. We will I expect have to use some of our accumulated assets to fund our old age.

Most of us inherited little from our parents, why should our kids expect to do better.

Most oldies will only want fully independent retirement living for 10 to 15 years at most, so not only will their funds have paid for the building of the units, their moving to more serviced accommodation will provide some of the housing requirement for the next generation of retirees to acquire.

I started spending the kids inheritance about 10 years ago, & have been doing a pretty good job there I must say. Unfortunately I hate living out of suitcases, too much forced travel when younger, so I have not managed the huge expense of world travel, but I'm trying. There is certainly nothing graceful around here, other than the sports cars that is.