Every retirement story has a who, what, when, where and how. Often, knowing where you’re going to live out your days informs the when and the how of it. According to a new report released by The Demand Institute titled “Baby Boomers and their Homes,” 63% of boomers do not intend to move to new housing in retirement, opting to “age in place.” For these folks, the costs of home improvements – anything from a new, professional kitchen to accessibility modifications – becomes an important factor in their overall retirement plan. Of the 37% who intend on moving to new digs in retirement, 46% of them will be looking for more space, not less, meaning there are almost as many “upsizers” as “downsizers,” contrary to popular belief. At Fit-to-Retire, we understand that where and how you live impacts your social life, health & nutrition, personal relationships, even self-identity. That’s why we ask the important questions before our clients make big decisions.
Be First to Comment