9 Things to Know about “Boomers”
A client asked several great questions the other day: a)“Will boomers look to move or stay ? b) Seek second/vacation homes with main floor living convenience? c)Where will older adults choose to live?
As one of (or at least close to) that generation, I had a few ideas.
But I said, “Let me get back with you on that after I do a little more research.”
Here’s what I found:
1.This group is PRO-age. Pro-agers advocate an active lifestyle.
2.Pro-agers haves tremendous buying power- and- they get into of creative pursuits.
3.In general, they have positive attitudes and positive outlooks.
4.This is seen in life-affirming trends, research, memoirs, comments and conversations of and by people born between 1940 – 1964 or so.
5.Leading edge boomers celebrate connections- to photo boards and music, to iPads, and on-going conversations.
6.They take action toward changing outmoded stereotypes.
7.They seem to be redefining aging and prospects for positive futures with a good deal of determination.
8.In the U.S.A., the 50+ Crowd is reported to be- Individualistic, defiant (rejecting rules,) pragmatic, but idealistic.
9.“Raised with a sense of entitlement- [this cohort] is unlikely to be anything like the previous generations of days gone by.”
Now back to those questions.
a)“Will boomers look to move or stay ? Answer: Whichever fits their situation best.
b) Seek second/vacation homes with main floor living convenience? Answer: Trends are toward main (one) floor living.
c) Where will older adults choose to live? Answer: In lifelong homes and/or places where they feel at home
Summing it up- When it comes to AGING-IN-PLACE, expect a change and that it will happen with a good deal of wisdom and humor. And this can be a good thing for all concerned with sustainable excellence as well as the real estate market.