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Retirement Living

"I don't feel old. I don't feel anything till noon. That's when it's time for my nap."
Bob Hope.

 

Home Builders Begin to Shift Gears to Accommodate Baby Boomers

Home builders nationwide are training their marketing sights on baby boomers as the leading edge of that gigantic wave of consumers next year hits age 55, the traditional retirement threshold.   Experts say there is nothing traditional about baby boomers.  One of their strongest traits is their refusal to slow down or accept growing old.  Retirement for those who take it early, in most cases, is expected to mean only changing careers or working from home.

The new retirement communities taking shape are far different from their predecessors.   They are geared to fitness and computer addicts.  Shuffleboard is out.  Jogging paths and home offices wired for telecomputing are in.  Boomers are investing savings and stock market gains in resort areas where they may choose to retire full-time when real old age kicks in - maybe a decade from now.

It only makes good sense that builders are trying hard to shift gears to accommodate the changing demands of the post-World War II generation born between 1946 and 1964, said Annie Gerard, a vice president of National Survey Systems, a research consulting firm.  The baby boomers, Gerard said, represent 76 million Americans and almost a third of the U.S. population.  "So what they do moves and shakes and rattles everybody else," she said.  "You overlook that segment only at your own peril."

In contrast with their parents' generation, baby boomers are healthier, wealthier and wiser.  While the parents of boomers saw retirement as an end to their working life, boomers are viewing it in many ways as a beginning, a new opportunity when they may dive into a new career.  Also, unlike their parents, boomers are not interested in lowering their lifestyle after retirement to conserve capital for a rainy day.    One of the most striking differences between baby boomers and their parents is their attitude that bigger is better and they deserve the best.

Marketing experts say boomers demand home offices, giant bathrooms and master bedrooms, walk-in closets, and two- or three-car garages.  They say boomers also prefer so-called "great rooms" - combining dining areas and media rooms into voluminous space for informal entertaining.

Gerard predicts that the preference for golf course communities will wane.  To serve the diverse interest of baby boomers, retirement housing may mushroom near universities or in downtown areas near restaurants, shopping and cultural attractions, she said. Some communities may be founded around hobbies or philosophies. One of her clients is talking about designing a community in Florida for lifelong Zen Taoists.

[11/00 - Retirement Living News]  

 

The Best Places To Retire

With a beautiful landscape in the rolling wooded hills of North Carolina, Chapel Hill is an ideal place to retire. The average temperature is about 45 degrees in winter and 84 degrees in summer. There are 16 colleges in the area and two top-notch university hospitals. Chapel Hill scores an excellent rating in educational opportunities, health care, cultural activities, recreation and small-town friendliness. Over and over again Chapel Hill has been rated the very best place to retire in America.

Charlottesville, Virginia, is considered one of the safest places to retire in America with a crime rate well below the national average. Many of the friendly residents would argue that this is the best place to retire in America.

Carlsbad, California, has a enjoyable southern California lifestyle, but without the crowds and traffic congestions of San Diego to the south, or Los Angeles to the north. It has a reasonable cost of living, a wide range of home prices, a generally smog-free atmosphere with the ocean breeze, and a mild climate. If you are looking for a good place to retire in California that is not on the fault line... Carlsbad, California may be the best place for you to retire in America.

With no state or local income tax, no snow, an excellent economy and plenty of things to do, the Ft. Myers / Cape Coral area in Florida is the choice of many families and retirees. Cape Coral has a larger population than Fort Myers, but it is more of a family community. Fort Myers has more of the things you would expect to find in a city: libraries, cultural centers, business and banking, stores and government services. If you have grown weary of shoveling snow, take a good look at Cape Coral. About 50,000 other transplanted "snow birds" have already decided this is the best place to retire in America.

Money magazine's editors have chosen eight great cities that have it all: quality of life, affordability and lots to do.

   
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