Though Florida still boasts the largest number of retirees, it seems that the baby boomers – known for reshaping the culture of America – are instead selecting states like Arizona, Colorado, Nevada, and Texas.
Unlike previous generations, many of today’s retirees are making decisions based on the location of their families. While in past decades those who completed their working careers didn’t give much consideration to where their families were living, baby boomers desire close proximity to their kids and grandkids.
The newspaper cites a recent survey by the developer Pulte Homes, builder of retirement communities under its Del Webb brand, which notes that nearly half of people ages 41 to 69 who plan to move at retirement said they wanted to stay within three hours of family.
Because baby boomers are staying more active in their later years, they’re also looking for locations that will allow them to exercise in the great outdoors via hiking, biking, skiing, and other leisure time activities. That’s why many are turning down hot, muggy Florida in favor of a cool, mountainous area where they can enjoy recreation year-round.
“Plenty of factors could affect future retirement patterns,” stays Steve French of the Natural Marketing Institute of Harleysville, PA, including “whether baby boomers have saved enough money for retirement, whether they will have to or want to continue working, the need to care for aging parents and the rising cost of housing in Florida compared with other states.”
Home
Reader Comments 
Related Links 
Recent Posts