Metro areas with a lower cost of living and sunnier weather are poised to see an increased number of baby boomers moving in and buying a home as some delay retirement and remain participants in the labor market, Florida and Arizona: Baby Boomer Magnets.
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They’re moving long distances to places like Florida, Arizona and California, expecting retiring baby boomers to migrate to warmer climates. Jeff Tremblay relocated to Florida to open a senior care.
Eight percent of baby boomers enjoy traveling California’s highways and byways whether it be to camp, rent a cottage in a forest, visit Fisherman’s Wharf or Napa Valley, or to get caught up in the Hollywood scene hoping to catch a glimpse of one of their favorite actors. Arizona
baby boomers, provide the first inkling of where the huge numbers of baby boomers will retire in the early part of the next century. The new retirement magnets offer ample amenities and warm weather. Five of the top seven, and 19 of the top 30, are located in Sun Belt states other than Florida and Arizona (see Table 1).
That is largely because so many baby boomers have passed that birthday. “People 55 and older are not moving to Florida and Arizona in the numbers the Greatest Generation did. They’re moving in much.
Baby Boomers who dreamed of retiring in the sun near Arizona deserts or Florida beaches have hit a speed bump: the bad economy. The number of Americans ages 55 to 64 who moved to Sun Belt states since the economy began to tank has declined dramatically, according to a USA Today analysis of census.
Call them boomtowns – for boomers. In certain spots across America, a very high percentage of the population is made up of baby boomers (defined as. As you can see, cities in Arizona and Florida.
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"Along with the go-to retirement states like Florida, California and Arizona, baby boomers seem to also be drawn to zips in big, lively cities such as Las Vegas and New York," Florentina Sarac.
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