The business magazine Forbes, says more baby boomers are renting to be closer to their children who have jobs in the city and because they want more amenities and even concierge services.
They continue that boomers want a unit maintained for them while they travel, they want their groceries delivered, they want their pets watched.
The author of the article sold the big home in the suburbs and moved to an apartment in the city, giving a reference to his article. He says traveling is easier with city retirement because of the transits offerings. Also apartments in the city tend to be closer to restaurants and shopping, allowing us baby boomers to stay close to home while getting our essentials.
The author says apartment developers should focus on baby boomers because we are high earners resulting in low rent burdened renters. Also once we move, we stay put.
What Do Boomers Really Want And Need?
So my take is the author has it right about what baby boomers want, but I don’t necessarily agree that apartments are the answer,although it could be in a temporary situation.
So what do boomers need?
1. Move close to children. I agree, seeing that many of my neighbors in my 55+ community moved for exactly that reason.
2. Want less home maintenance. Yes.
3. Want to be close to restaurants and shopping. Yes.
4.Want some concierge services. Yes, some do.
Another way to get all boomer needs taken care of is to move to a 55+ community.
As I mentioned, many of my neighbors here in a Del Webb 55+ Community, did move to be closer to their children.
Also there is less home maintenance with landscaping taken care of, a newer one level ranch home and plenty of vendors that are knowledgeable about our community and ready to take care of any problem.
Some 55+ communities have restaurants that you can drive to in your golf cart and some even walk to. Most have many restaurants close by serving the larger 55+ communities. As far as shopping, one word: Amazon. Well also there is usually a regional mall within 6 miles. The 55+ community developers do a great job on site selection and that is considered in planning.
Concierge services are available in our 55+ retirement community via several vendors. Available services include home health care, pet sitting, plant watering, handy man services,ride sharing and really whatever you need. You don’t have to live in a downtown apartment to have concierge services.
In conclusion, I agree with the boomers needs presented by the author. I also agree senior apartments could be the answer for some folks, but 55+ retirement communities offer as much and more.
Us Baby Boomers in retirement are finding moving to a new location is in our retirement plans. We entertain moving for different reasons. A main reason is to get closer our children and especially the grandchild. Another is we prefer to live in an area with less traffic and more natural amenities.
Many are moving to 55+ Active Adult Communities and find them the perfect way to relocate. Moving to a large 55+ Active Adult Community, like offered by Del Webb, Cresswind or several others, has immediate benefits, several of which I will outline here.
Why Relocate to a 55+ Active Adult Community
A ready group of new friends awaits you. Everyone is very friendly at 55+ Active Adult Communities and by sharing some activities and social events, you will find new friends very easily.
The location is great for retirees. The developers have already scouted out the location to be desirable to retirees before building the community. There are community supports already in place, like a hospital, medical specialist, natural beauty.
Many fellow residents will be in the same boat as you, having relocated to the area. I shouldn’t say many, almost all have relocated there. There is a feeling of we are all in this together and that encourages supporting each other.
There is plenty to do right in the community. You will not miss a beat finding something interesting to do. There will be quite a selection of activities and clubhouse events to get you out of the house and doing something fun with people you will like. Plus being active is healthy.
Your new community will provide you with a base camp from which to explore the area. Moving to a new area can be fun and interesting. The Residents community web site will list suggestions for things to do outside the community and there are organized day trips from the clubhouse as well.
In no time, you will have new friends that enjoy the activities you do. This will turn into social friendships as well. This may be the biggest benefit of all.
Here are some trends happening with us of the baby boomer generation. If you are a boomer, can you relate to any of these?
Buying a New Car
Boomers have been buying new cars, even though many of us are driving less. The catalyst for baby boomers to buy a new car is the safety equipment in new cars these days. My wife Mary Ann picked up her new Honda yesterday with Navigational system and Sensing, replacing her 2009 model car. It is amazing what cars can do these days. Boomers feel these items make today’s cars safer and easier to drive. One day when self driving cars become available, there may be another boomer car buying spree.
Being More Active
Boomers are becoming more active and getting out for walks and playing pickleball and other sports. I joined 10,500 boomers at the National Senior Games a couple of months ago and witnessed the passion first hand.
Attend to Our Health
All boomers’ lives are affected by their health and that is becoming more clear by the day. The Medicare nurse comes to our homes each year to check up on us (if you have an Advantage Plan). Many of us do annual physicals and preventative dental work. We visit health fairs and do Health Screenings which are medical tests that doctors use to check for diseases and health conditions before there are any signs or symptoms. Screenings help find problems early, when they may be easier to treat. Many of us are dealing with chronic health conditions that alter our lifestyle.
Downsizing and Moving
Almost every boomer I talk with has downsized or is downsizing, getting rid of stuff they no longer need. Many times this is in preparation for a future move to a home more suitable to their needs, like a retirement home in a 55+ active adult community or small town.
Travel while you can is our motto. Traveling is our new purpose it seems. I am astounded at the amount of travel quite a few of my friends are doing. Back to back major trips that would have been considered “trips of a lifetime” are taken in a year.
That’s the way I see it from here.
Village at Deaton Creek, a 55+ Del Webb Community
There is a popular meme that says “Age is just a number”. That means age doesn’t matter, it’s your outlook and attitude that matters. Is that true?
As we older baby boomers start turning age 71, age does seem to matter less. We have passed the milestones of age 55 for getting senior discounts, age 65 for getting medicare and age 70 for starting our required minimal distributions for withdrawing part of our IRAs.
Whereas in high school our friends were within one or two class grades of us, now we have friends of all different ages. We can hang out with people a decade younger than us or a couple of decades older than us.
We are also reminded that age is just a number when we see the different conditions of people the same age. That is physical, mental, emotional, financial, you name it. We are all over the place on the spectrum. Age matters less than other things that effected our lives, doesn’t it.
On the other hand, time marches on. If you are turning 71 now, you will hopefully be turning 81 in 10 short years and 90 in 19 years. Think back 10 years to 2007 and how long ago that was. Not very long, it was like yesterday!
Age does take it’s toll on us, no doubt. No one is immune from it’s effects. Aging gracefully with a positive attitude takes an effort, no doubt.
We are all in this together. We are loosing spouses and classmates to death. My high school class has a Facebook page set up for death announcements and I got another notification this morning. Long time friends get dementia and it could happen to you or your spouse as well. There are no guarantees, but we know that by now.
Yes, there are a lot of things for us older baby boomers to worry about.
But there is also a lot of things to enjoy and look forward to. By this time a lot of you are enjoying your grand and great grand kids. I see people going to the gym, walking, hiking and enjoying the outdoors. I just came back from the National Senior Games and am motivated by what I saw there. People are volunteering and supporting things they believe in. Some people are enjoying their church families. Here at our 55+ Active Adult Communities, people really like to travel and see the world. People like to keep learning their whole lifetime and it’s nice to be able to learn something not work related, something that you have an interest in. Many people like to read, some just to meditate, some like to putter around, but doing what you like to do is something to enjoy. I could keep going.
Age is a number, but we can deal with it. Enjoy the day. No use in putting things off. The future is now. Do something you like to do. Travel while you can. Learn something new. Walk in the park. Help someone. Be active. Peace.
We baby boomers are turning age 70!! Can you believe it?
Boomers have never been this old. How do you act when you are 70? I submit, just like we did in our 60’s. No, not the 1960’s, even though I think that would be fun. Nothing has really changed by turning 70, right?
Well yes, a few things are changing. Not over night, but there are signs.
If you have delayed taking your social security, now finally you get to take your full social security check that has been growing. We thought this day would never come. Wow, that is going to be nice and well needed for many of us.
Also at age 70 1/2 we must take our RMD, required minimum distributions from our IRA’s.
So we start drawing our social security benefit and we must start taking annual distributions from our IRAs almost at the same time. Well I think most of us at age 70 are ready for both and have no disagreements with those requirements.
Many boomers vowed never to retire or they couldn’t retire. Guess what, many were forced into retirement because of health reasons or maybe a job layoff.
If you retired in your 60s, then most likely you are now comfortable with your retirement. You have a comfortable routine and do the things you would like to do with your time. Many boomers that are retired, love spending time with their grand children. Some even move across the country to be closer to them.
Around this time (age 70) we or our spouses are dealing with some critical illnesses of some sort, be it diabetes, a stroke, heart attack, mobility problems etc. and we are most likely making room on our schedules for doctor visits.
Most likely a few of our friends have dementia problems starting or maybe advanced. We have two close friends in that boat.
A friend or two most likely has already lost their long time spouse to death.
More than a few of our high school or college school mates have died.
We spend some time on our medicare insurance don’t we. Donut holes and open enrollments we know well.
Having been involved in recent years with a senior center and now living in a Del Webb Active Adult Community, I have a lot of friends that are in their 70s, thus are older than us older boomers. Encouragingly lots of them are active, like to travel, have sharp minds and love to socialize.
We will be travelling through out our 70’s and dare I say 80’s. If we have the means, we don’t mind spending it on travel.