Did you know that every single day 8000 baby boomers turn 65? It’s true! The trends of the boomers have always had a huge effect on the American economy. Almost from conception…. the Baby Boom generation changes the rules of the game. As a classic Gen Xer….I am fascinated by studying the generational impact on real estate. My parent’s generation paves the way and the rest of the world….well we adjust.
So…as the typical Boomer looks to retirement I have leaned that a large percentage of them are going to be down-sizing their homes. They still live in the family home they raised the kids in and now they want to travel. They want freedom from large yards that take the whole weekend to maintain. Boomers are planning to have very active retirements. They love recreation and they take their health and wellness very seriously. But let’s face it….everyone wants to stretch their retirements dollars as much as possible and still have the quality of life they have always dreamed of.
A few years ago…before the first Boomer turned 65…..I did some research on what this massive group of people are looking for in their retirement years. As I poured over the statistics and the surveys my blood pressure began to climb. I realized that what the Boomers wanted……was the Big Horn Basin of Wyoming! As I unpacked the Boomers “must haves” and their “would like tos” I realized that our little community nestled at the base of the Big Horn Mountians….fits like glove!
Check back soon for the top ten list of things Boomers love about this area.
Thanks all and HAVE A HAPPY EASTER!