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Boomers are Confident and Ready for Next Phase in Life, Survey Finds
Friday, March 28, 2014 7:00 AM

Better Homes and Gardens® Real Estate has released the findings of a national survey of Baby Boomers (ages 49-67) revealing this influential generation’s feelings of optimism about living an independent, active lifestyle; a lifestyle unrestrained by planned retirement communities and instead bolstered by living out their life passions.

The survey indicates that 57 percent of Baby Boomers plan to move out of their current home and 70 percent believe the house they retire in will be the best home in which they have ever lived.

Among Baby Boomers who feel more confident about achieving their ideal retirement lifestyle compared to five years ago, the top factor is having a retirement lifestyle plan (49 percent). Approximately one-fourth (22 percent) of Baby Boomers are likely to buy an additional home to use during their retirement years, such as a vacation or beach house.

For a generation that was hit hard during the recession, this commitment to lifestyle planning and desire for their “dream home” is a great show of optimism.

 

Helpful Resources: The Cornerstone Credit Union League’s IRA Basics and IRA Advanced seminars May 13-14 in Dallas. Online registration is now available. Well known trainer Deborah Crawford is presenting both seminars. At the IRA Basics seminar, Crawford will focus on IRA Basics, and iIn the IRA Advanced seminar, Crawford will focus on compliance, auditing and reporting. For more information, including registration, please visit the Education section of Cornerstone’s website. If you have any questions, please contact Training & Events, at (469) 385-6630 or (800) 442-5762, ext. 6630

Educational grants are available through the Cornerstone Credit Union Foundation. To learn more, please visit www.cscuf.coop.