Baby boomers at both ends of the generational spectrum have their favorite states for relocation, and the top two both have Carolina in their names.
In the annual Del Webb survey, two age categories of baby boomers were asked to name the states to which they intended to
Among 50-year old boomers, 49% of those who expected to move during retirement intended to relocate to a different state. Among the 64-year old retirees, 52% said they would move to a different state.
Both age groups of boomers agreed that the most important consideration for relocating in retirement would be cost of living at the destination. Access to healthcare, climate and cultural/recreational amenities also ranked highly in both age categories. The 64 year olds in the survey who actually had moved in retirement confirmed that they indeed had ranked cost of living as the most important criterion in their choice, followed by the other considerations listed above.
When asked the question, “If you were to move, which of the following best describes your preference regarding moving to a new community?” 9% of 50 year olds and 20% of the 64 year olds responded “age restricted” community. The rest in both categories either had no preference on age or preferred a mixed group of residents.
Click here for access to the Del Webb survey results.