August 2, 2008
Boomers on the Move
There was an interesting essay in the Sunday NY Times written by a 30-something about her parents' decision to pick up and move to Hong Kong. So many of us are still watching the last of our children leave and yet Baby Boomers are also relocating.
According to a report on HomeInsight,
59% of younger Boomers (ages 41-49) and 50% of older Boomers (ages 50-59) indicate they plan to buy a new home for their retirement. Of course, some of are moving for a better job as is the case in the NY TImes essay.
With all the hand-wringing some of us experience as the babies leave, I hadn't realized it could work both ways. Blame it on mid-life crisis, empty-nest syndrome, downsizing, work or just a spirit of adventure. While many of our parents went somewhere to wait to die, Baby Boomers are often moving on to thrive.
I love Lynn Ermann's final thoughts on the matter:
Like so many in their generation, my parents are remaking the rules once again. Watching them has liberated us, too. Suddenly, our own lives seem less circumscribed, less finite. We can always go nuts at 60.
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