Baby boomers are fast becoming the largest-ever generation of retirees: 75 million strong. As they move to and through retirement, how and where they choose to live will have a profound impact on our homes, families, and communities.
In order to deeply understand these huge shifts, Age Wave, in partnership with Merrill Lynch, just completed a comprehensive study titled Home in Retirement: More Freedom, New Choices. We surveyed a representative sample of over 3,600 adults from all walks of life to uncover their priorities, dreams, challenges, and worries as they determine which geographic regions, communities, and homes they will live in during their retirement years. This is the second of two articles that describe our findings.