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Baby Boomers' Second Act
I recently came across this graph of the “Freedom Threshold” and thought it provided a great visual for what I’ve been telling my clients for years. The “Freedom Threshold” is the point where you no longer need to live somewhere for family obligations (say, a great school system) and can now live wherever you choose. - http://goo.gl/dySQnI
The last waves of baby boomers are now moving into retirement age. Instead of setting trends in current fashion, the boomers are setting a new trend in retirement living. Unlike previous generations of retirees, today’s retirees are more active, more technologically savvy, and are seeking new adventures in their retirement…of which there are many in the Outer Banks of NC. Today’s 50+ adults are looking for relaxing locales that offer a low maintenance, high activity lifestyle where the hustle and bustle of work is replaced by the vim and vigor of fun and entertainment. Today’s boomers don’t limit themselves to the traditional stereotypes. According to a new study by Merrill Lynch, "Home in Retirement: More Freedom, New Choices", the majority of people approaching retirement feel free to choose where they most want to live. As people enter their 50s and 60s, they begin to ... more
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