What Do BOOMERS Think

What Do BOOMERS Think

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.

Making the move:
When asked which type of community boomers would most likely consider, 39 percent opted for a rural community, such as a farm or small town. Next in line was the traditional retirement community such as a 55+ exclusive neighborhood (27%), followed by an urban community such as a city (26%).

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.

Custom treatment:
Among those who plan to move out of their current home, 69 percent are willing to make updates or renovations to fit specific wants and needs. However, when all boomers were asked to pick the most important factor in choosing their next home, low-maintenance features topped the list (42%).

• Retirement to-do list:
Historically, retirement was almost automatic at the milestone age of 65. Many boomers, however, have a different plan in mind: 28 percent who are not yet retired, never plan to retire; and 46 percent of boomers who plan to retire still anticipate working part-time.

The Better Homes and Gardens Real Estate Baby boomers Survey was conducted by Wakefield Research among 1,000 U.S. adults ages 49-67, between Feb. 6 and Feb. 18, 2014, using an email invitation and online survey. Quotas were set to ensure accurate representation of the U.S. adult population 49-67.

My focus is to best understand the goals and visions of my clients, ensuring all decisions are made with a wealth of information and the necessary tools for a successful, rewarding experience.

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Phone: 941-544-7270
Dated: March 25th 2014
Views: 7,394
About Kathy: I enjoy walking the warm sandy beaches, swimming and watching the magnificent sunsets on Florida’s...

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