Changing Preferences for Aging Boomers

5 February 2010 - 8:00am

A survey of Baby Boomers finds an increasing willingness to move after retirement, and the new tipping point for "old age".

The survey was conducted by homebuilders Pulte and Del Webb.

"Boomers of all ages now consider 80 to be the tipping point at which 'old age' sets in.

The Del Webb findings further indicate that the desire to stay active has made more Boomers amenable to the idea of moving. Roughly 42% of the 50-year-olds surveyed this time around said they planned to move during retirement, versus 36% in 1996. Of those planning to move, half said they would relocate to a different state, while a quarter indicated plans to move to a different city within the same state."

Source: Builder, February 3, 2010
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