I would hate that. Who would I argue with?
Give me my books and a high-speed Internet connection any day. And if I ever lose mobility, I'll get a motorized stroller, or hire someone to push me around. Never fear, I'll be out every day, unless I'm confined to bed, and in that case, I'd rather be confined to my own bed. And if ever I lose my cognitive powers, I don't want to stick around.
FWIW, my late mother lived in the same co-op apartment for fifty-three years. In her mid eighties she was still helping to run the place. She was the one hiring contractors such as electricians, snow removal, and so on. This, even though she was almost crippled with arthritis.
Yes, there are cases where you do have to go into a home, for a very serious condition or for palliative care while you wait for the end. But it is usually for a short while only.
Anyway, as AltaRed says, YMMV.