There is an increased number of people set to retire as more aging baby boomers quit the work force. With a slew of these people retiring many seek to move and buy new homes in other areas more fit for retirees. However, what are the top places these baby boomers have picked to settle? In a new article published by the Wall Street Journal, they have pin pointed different cities the National Association of Realtors thinks will receive an influx of older baby boomers. Not only are they looking for a lower cost of living, but they also are seeking stronger economies that can support delayed retirement. Since baby boomers are the consumers that spend more comparable to the average citizen, many businesses have been interested in predicting their spending patterns on homes.
The U.S. Census researchers have predicted that there will be 60 million baby boomers between the ages of 66 and 84 in 2030. Since the leading edge of the boomer population is set to enter its retirement years, the NRA remained interested in predicting where they think they will move. The NRA still believes that many will remain where they are, but here is a list of the top cities boomers are believed to migrate to:
1. Albuquerque, NM
2. Boise, Idaho
3. Denver, CO
And here are the rest!
4. Fort Meyers, Florida
5. Greenville, South Carolina
6. Orlando, Florida
7. Phoenix, Arizona
8. Raleigh, North Carolina
9. Sarasota, Florida
10. Tucson, Arizona
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