How Baby Boomers Will Change Retirement Living
Finance Thursday, June 16th, 2011
By Casey Dowd, FOXbusiness.com
Watch out world, the Woodstock generation is about to move into retirement communities.
But this isn’t your grandma’s retirement community. Baby boomers want more from their communities than just bingo and shuffleboard, and will shun anything associated with growing older.
John Lennon’s song “Revolution”, fits perfectly with how baby boomers are treating their golden years and retirement communities are responding by saying they
“got a real solution.”
“What we hear from the boomer focus groups is that people don’t want to move away from the life of the broader community,” says Sheri Peifer, vice president for research for Eskaton, a nonprofit provider of community living and home-based support for older adults in Northern California. “They want to live near their neighbors. They want to go to the church they have attended for years.”
Baby boomers are seeking out communities with culture, activities and events and turning to college towns, urban environments and smaller towns with vibrant downtowns.
Peifer detailed the popularity of planned, intergenerational neighborhoods that contain design-certified homes built to accommodate the needs of empty nesters, that are also appealing to young, growing families.
To read more, visit: http://www.foxbusiness.com/personal-finance/2011/06/16/how-baby-boomers-will-change-retirement-living/
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