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The best is yet to come for Boomers

March 31st, 2014 Written By Carol Pawley

boomers

 

According to a recent survey, 57% of baby boomers (ages 49-67)  plan to move out of their current home, and 70 percent believe the house they retire in will be the best home they’ve ever owned!

Here are additional survey findings

• Visitors only: Most boomers – 83 percent – don’t expect family to move into their home in the future, indicating they expect any “house guests,” including adult children, to be temporary.

• Putting down roots: Many boomers have planted roots in their communities and want to remain in a familiar place. Of those surveyed who are not already retired, 72 percent plan to retire in the same state.

• Easy living:
When asked to pick the most important factor in choosing their next home, low-maintenance features topped the list (42%).

• Not just yet
:  28 percent of boomers who are not yet retired, never plan to retire; and the 46 percent who plan to retire still anticipate working part-time.

 

 

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