Comments on: What to Consider in Relocating After Retirement http://www.retirerelocaterelax.com/articles/what-to-consider-in-relocating-after-retirement/2007/ Guiding you on your way to retirement and relocation Wed, 08 Feb 2012 02:09:46 +0000 http://wordpress.org/?v=2.0.6 by: admin http://www.retirerelocaterelax.com/articles/what-to-consider-in-relocating-after-retirement/2007/#comment-18 Fri, 09 Feb 2007 22:05:17 +0000 http://www.retirerelocaterelax.com/articles/what-to-consider-in-relocating-after-retirement/2007/#comment-18 I do think it's interesting what Gene is pointing out. I know Del Webb has a community just a few miles from where I live and may be positioning themselves for exactly this kind of movement near large metropolitan areas. Gene Warren, a founding member and President of Thomas, Warren + Associates, has thirty-three years experience as a professional economist. During the first half of his career he held faculty appointments in Economics and Management Science at several major research universities. Dr. Warren also held a research appointment at the California Institute of Technology (Caltech) where he served as Senior Economist at the Jet Propulsion Laboratory. Since founding Thomas, Warren + Associates, he has also become a one of the nation’s leading experts in the economics of retirement. His work in this area has been used to shape both state and local policies affecting retirees, and is used by communities to position themselves as retirement destinations. As a result, he is a sought after speaker on economic issues relating to retirement. The Thomas, Warren + Associates web site can be found at http://www.twaaconsulting.com. I do think it’s interesting what Gene is pointing out. I know Del Webb has a community just a few miles from where I live and may be positioning themselves for exactly this kind of movement near large metropolitan areas.

Gene Warren, a founding member and President of Thomas, Warren + Associates, has thirty-three years experience as a professional economist. During the first half of his career he held faculty appointments in Economics and Management Science at several major research universities. Dr. Warren also held a research appointment at the California Institute of Technology (Caltech) where he served as Senior Economist at the Jet Propulsion Laboratory.

Since founding Thomas, Warren + Associates, he has also become a one of the nation’s leading experts in the economics of retirement. His work in this area has been used to shape both state and local policies affecting retirees, and is used by communities to position themselves as retirement destinations. As a result, he is a sought after speaker on economic issues relating to retirement.

The Thomas, Warren + Associates web site can be found at http://www.twaaconsulting.com.

]]> by: Gene Warren http://www.retirerelocaterelax.com/articles/what-to-consider-in-relocating-after-retirement/2007/#comment-15 Wed, 07 Feb 2007 21:36:11 +0000 http://www.retirerelocaterelax.com/articles/what-to-consider-in-relocating-after-retirement/2007/#comment-15 I think Del Webb’s claim that 55% of baby boomers intend to move at retirement is a little misleading. Wile the statement may be technically correct, most people will move only a few miles (less than 50) from their current residence. Traditionally, only about 10% of retirees moved out of their state or region after retiring. Baby boomers have always been more mobile than their parents, and thus I estimate that as many as 20% to 25% of the baby boomers may relocate upon retiring. While not as large as Del Webb’s percent, the number of retirees who will relocate is still amazing. In 2006 there were about 36 million people in the US age 65 or better. If 10% of them relocated after retiring then there currently about 3.6 million retirees who moved to a new state or region. On the other hand, in 2006 there were about 76 million baby boomers still alive. If only 20% of them relocated to a new state or region after retirement, it will mean 15.2 million of them will be moving. Put another way, we can expect about 4 times as many relocating retirees in the next 25 years as there are today. I think Del Webb’s claim that 55% of baby boomers intend to move at retirement is a little misleading. Wile the statement may be technically correct, most people will move only a few miles (less than 50) from their current residence. Traditionally, only about 10% of retirees moved out of their state or region after retiring. Baby boomers have always been more mobile than their parents, and thus I estimate that as many as 20% to 25% of the baby boomers may relocate upon retiring.

While not as large as Del Webb’s percent, the number of retirees who will relocate is still amazing. In 2006 there were about 36 million people in the US age 65 or better. If 10% of them relocated after retiring then there currently about 3.6 million retirees who moved to a new state or region. On the other hand, in 2006 there were about 76 million baby boomers still alive. If only 20% of them relocated to a new state or region after retirement, it will mean 15.2 million of them will be moving. Put another way, we can expect about 4 times as many relocating retirees in the next 25 years as there are today.

]]>