During retirement each day presents a new opportunity to try something new. In fact, each day allows for the freedom of choice and allows the retiree to explore new things as a well-deserved reward for all of the hard work accomplished after years of employment. However, for some retirees it can be quite a challenge [...]
On a tour of the climate-controlled vaults of the Minnesota Historical Society — where the bulk of the institution’s 6,000 works of art are stored — Brian Szott pointed to a pastoral painting of a farmhouse blanketed in snow. Like the vast majority of the pieces in the society’s collection, all of which are about [...]
More and more baby boomers begin the new year with nothing on their schedule but plans to golf, travel, and spend more time with the grandkids. The number of Americans aged 65 or older without a disability that aren't in the labor force rose by 800,000 in the fourth quarter of 2016, marking the resumption [...]
A 'new normal' affordability and closer connections are what retiring Baby Boomers want from their moves in the next few years. By John McManus The Baby Boom--the original pig-in-a-python generational cohort--is frequently associated with the birth years 1946 to 1964. As Pew Research shows us here, those years account for about 76 million births in [...]
Mortgages and homeownership may not be the American Dream as Baby Boomers begin moving into the apartments and urban areas, according to an article by Gail MarksJarvis for the Chicago Tribune. Homeownership decreased among people ages 50 to 64 from 2005 to 2013, according to the article. In the past 10 years, Baby Boomers account [...]
Baby Boomers have become one of the major drivers of rental demand over the past decade, according to a study by Harvard University’s Joint Center for Housing Studies. Other research finds that Boomers accounted for twice the growth in renter households as millennials did since the recession — and their ranks will only grow as [...]
Mature Couple Toasting Champagne Flutes In New House As their assets begin to regain value, baby boomers are seeking more for their money in lower-cost markets—causing a ripple effect in the housing market, an analysis by online real estate company RealtyTrac found. “Boomers who are downsizing are helping open the door for many [...]
Boomer Couple Smiling at Each Other on a Plane Everyone loves vacation and, according to data collected by AARP, most baby boomers — those born between 1946 and 1964 — said they will take at least one vacation in 2017, and on average, five. The survey was conducted through e-rewards, a website that provides [...]
It’s the traditional migratory circle of life: Young folks flock to the blazingly bright cities to make their careers and have their kicks; middle-aged peeps move to the burbs, buy homes, and raise their broods; older Americans search out warmer, cheaper, and more water-aerobic-centric climes to make their retirement nests. End of story, right? But hold on. Baby [...]
Baby Boomers, known for their two-car garages, white picket-fences, and glorious lawns are trading retirement in Suburbia for city-life. The New York Times reported that we should be prepared for the Baby Boomers “second act” as they are more willing than former generations to shift their lifestyles and accommodation choices to counter a poor economy, [...]