The Homes Boomers Will Retire In

1_istock_000049643128_largeSun City: Here we don’t come!

That’s one of my takeaways from the new Better Homes and Gardens Real Estate (BHGRE) survey about the homes boomers expect to live in during retirement.

As with just about everything else in their lives, the survey suggests, boomers will be choosing their retirement housing on their own terms — and quite differently from the way their parents did. Depending on your perspective, they’re either selective or selfish.

(MORE: The Upside to Downsizing)

Highlights from the online survey of 1,000 U.S. adults ages 49 to 67 conducted in February by Wakefield Research:

Rural communities (small towns and farms) are the most popular type of area boomers say they’d like to move to in retirement. The study found 39 percent want to live there; 27 percent chose retirement communities (such as exclusive neighborhoods for people 55+); 26 percent said urban communities and 8 percent picked “lifestyle” communities (such as ones for active retirees, planned around golf courses).

More than four in 10 (43 percent) plan to stay in their current homes in retirement. Put another way, 57 percent plan to move out.

Learn more here at Next Avenue…

Email this to someoneShare on FacebookPin on PinterestTweet about this on TwitterShare on LinkedInShare on Google+

Leave A Comment...