The $13 million facility is being marketed as an alternative to nursing homes or in-home nursing care.
Suicides of Hoosiers aged 35-64 increased 54 percent from 1999 to 2010, according to the Centers for Disease Control and Prevention.
A study from the Indiana University Kelley School of Business shows the state will likely experience an economic slowdown over the next three decades.
Studies show the decision when to retire may not be entirely in the hands of the baby boomers making it.
The Administration on Aging said demand will only increase as more baby boomers retire and choose to stay in their own communities.
State Senators Vaneta Becker and Vi Simpson have proposed creation of a new program to better care for the state's senior citizens.
Stone Belt is worried about taking care of disabled children when their older caretakers continue to age.