What Will Baby Boomers Look For In A Retirement Community?
With many baby boomers beginning to reach retirement age, the hunt for senior living communities is expected to increase over the next few years. There are many factors to consider when choosing among the many different types of retirement communities, according to Fox Business, and baby boomers may be interested in slightly different features than the previous generation.
Ron Sachs, spokesman for the Consumer Federation of the Southeast, told the news source that baby boomers will be much more active than their predecessors. This is partially due to a higher quality of elder care that is now available. Many do not view a retirement community as a place to simply sit idly - they want to get out and remain active. As such, places that offer the chance for part-time employment or close proximity to outdoor activities will likely have the edge in attracting baby boomers.
"They should also make sure the community they enter is caring, and offers a chance to volunteer or get a part-time job," Sachs told the news source. "The community should be one where they can quickly assimilate into the ebb and flow of day and night life."
In terms of location, Sachs expects Florida to be popular as always, although the Carolinas have actually surpassed Florida as a retirement destination in recent years. Sachs predicts that the best place for boomers will be smaller cities and towns with 200,000 to 500,000 people.