Metro areas with a lower cost of living and sunnier weather are poised to see an increased
number of baby boomers moving in and buying a home as some delay retirement and remain participants in the labor market, according to new research by the National Association of REALTORS ®.
And an increasing
number of Baby Boomers are planning to age in place, so they're seeking homes with bedrooms on the ground floor, wide hallways, and accessible countertops.
The findings revealed that metro areas — including many in the South and Southwest — with a lower cost of living and sunnier weather are poised to see an increased
number of baby boomers moving in and buying a home in coming years.
Metro areas with a lower cost of living and sunnier weather are poised to see an increased
number of baby boomers buying a home.
The number of baby boomers out of work is growing, and more and more of them entering the job hunt.
The USA Today reports on the growing challenge for an increasing
number of Baby Boomers, who want to both keep a parent safe and respect his or her freedom and independence.
Over the next five years, more than three million new jobs are projected to be added as the large
number of baby boomers get older, thus needing healthcare.
A greater emphasis on professional sales could boost opportunities with the growth in
the number of baby boomers at the age they desire these kinds of services.
This change is especially timely, given the growing
number of Baby Boomers retiring in the near future and likely rolling over their nest eggs from their 401 (k) accounts into IRAs.
Considering
the number of baby boomers entering their senior years, the country needs more such institutions, sociologist, educator and author Sara Lawrence - Lightfoot told an audience Tuesday at the Four Arts.
By implication, there is an increasing
number of baby boomers and seniors than ever before who are seeking to fill the void left by their previous partner.
For starters,
the number of Baby Boomers entering the «senior dating» age brackets grows with each and every year.
BOSTON GLOBE - Aug 5 - With so - called gray divorce on the rise, according to sociologists at Bowling Green State University in Ohio, a growing
number of baby boomers are finding themselves back on the market.
The number of baby boomers visiting Lavalife has grown 39 % over the last three years.
The growing
number of baby boomers who find themselves single after the death of a spouse or divorce has caused a growth in the market for older matchmaking.
With the growing
number of Baby Boomers turning 55 every year, the diagnosis of macular degeneration is exploding.
Our proprietary nationwide survey of pre-retirees showed a startling
number of baby boomers don't know how much money they need to live comfortably during retirement.
While the headlines often speak to
the number of Baby Boomers entering retirement, the more important statistic is actually the amount of wealth entering
Go back to that big
number of Baby Boomers — 77 million according to Goldman, a large percentage of whom are still providing significant levels of support for their grown up kids.
But even providing good jobs for all these potential workers wouldn't solve the labour market's problems, because the workforce is shrinking: the number of millennials poised to enter the labour pool is lower than
the number of baby boomers set to retire.
While the departure of a large
number of baby boom members has been expected, that rush to the exit could be hurried along by the prospect of three years without raises.
Potentially further shrinking the state's teacher supply are anticipated new retirements, as increasing
numbers of Baby Boomer teachers reach retirement age.
Mooresville Graded School District Superintendent Dr. Mark Edwards said it's important to consider the fact that the state will see large
numbers of baby boomers retiring during the next five years or so.
Growth in field is mainly attributed to the aging population; as «large
numbers of baby boomers approach retirement, they will seek planning advice from personal financial advisors» (San Diego Union Tribune).
That being said, age discrimination is illegal, and I've been fortunate enough to work with countless
numbers of Baby Boomers who have landed meaningful employment and even made successful career changes.
I've been fortunate to work with countless
numbers of Baby Boomers and Gen Xers who have landed meaningful employment in the world of medical device, capital equipment, and pharma sales.
I've been fortunate to work with countless
numbers of Baby Boomers and Gen Xers who have landed meaningful employment across diverse industries.
«Furthermore, last year's impressive increase also reflects long - term growth in
the numbers of baby boomers moving closer to retirement and buying second homes to convert into their primary home in a few years.»
Not exact matches
The
number of jobs in the field also grew 30 % in that time period and is set to grow further, Berridge notes, because
of the looming retirement
of the
baby boomers who now occupy the top jobs.
The
number of believers is likely to increase, Rotman's Ondrack adds, not only with the entry into the workforce
of a «Net generation» inured to constant electronic communication but also among
baby boomers who hope to continue working beyond retirement.
MacBeth turned his attention to real estate after a growing
number of his clients, mostly high - net - worth
baby boomers, began buying second homes and investment properties.
«As the
baby -
boom generation approaches retirement age, the
number of cases
of impotence will [likely] increase,» noted the company's annual report in 1996.
Proving that it's never too late to pursue your passions, data from the 2016 Kauffman Startup Index indicates that while
baby boomers currently account for 25 percent
of new business owners, the last few years show the
number of boomer entrepreneurs are on the rise at a rate that outpaces other age groups.
Clark's script blamed the housing crisis on a shortage
of supply, growing population and demand, consumers with double the borrowing power they had in 2000, and millennials «who are greater in
number than even the
baby boomers — and who are now entering the housing market for the first time — and they aren't happy.»
It also explains why we are forecasting that growing
numbers of aging
boomers will become independent workers and small business owners (again, see our
baby boomer section for more on this).
While it's too soon to tell if the change will jumpstart birthrates — the
number of China
babies born last year fell to 16.55 million from 16.87 million in 2014 — a
baby boom of sorts is already underway: Consumer spending on infant care products, and particularly online spending in the category, is soaring.
Regarding the demographics, it is true that the «
Baby Boom» generation drove a burst
of mutli - household construction in 1970s and 80s, and single family in the nineties, but in absolute
numbers, since the U.S. Population has grown from 200 million to 315 million, there should be, all things being equal, a demand at least equal the that which existed in 1970s and 80s for housing.
This growth slowdown reflects both declining labour force growth as
baby boomers retire in large
numbers and a reduced pace
of aggregate productivity growth.
Because
of the
baby boom, there was, at first, a high
number of workers relative to pensioners making the system easy to finance.
They dropped out
of the churches in record
numbers in the «60s and «70s but perhaps one - third or more — mainly the older
baby -
boomers — are returning.
In his book, «God is Alive and Well: The Future
of Religion in America,» Newport argues that a
number of factors, including
baby boomers reaching senior ages, migration to more religious states, recognition
of health and well being
of religion and an increase in a Hispanic population, are all reasons that «we are going to continue to have a quite religious nation going forward.»
As the
baby boomers age, the
number of people with multiple chronic conditions will most likely grow from 8.7 million... Read More
As the
baby boomers age, the
number of people with multiple chronic conditions will most likely grow from 8.7 million today to almost 37 million by the year 2030.
As a result
of this «sponsorship scandal» a
number of important organizations and businesses will not be participating in the
Baby Boom Show.
The peak is a mystery to demographers, who note that it occurred in the midst
of a 15 - year slide in the
number of college - age students that followed the end
of the postwar
baby boom.
20 years ago, colleges and universities were hiring an unprecedented
number of new faculty to accommodate the
baby -
boomer generation, so the better jobs were more plentiful.
With an aging population (
baby boomers are turning 65 at the rate
of 8,000 a day), the
number of people who have symptoms
of Alzheimer's (problems with memory, thinking, and behavior) are only going to go up.
The
number of people potentially needing knuckle replacement surgery could rise in the coming years as more
Baby Boomers are afflicted with osteoarthritis — a disease that occurs as we age.
Why muscles wither with age is captivating a growing
number of scientists, drug and food companies, let alone aging
baby boomers who, despite having spent years sweating in the gym, are confronting the body's natural loss
of muscle tone over time.
The
numbers of this challenging disorder are expected to increase three fold as
baby boomers age.