What percentage of older Americans move after they retire? According to a Transamerica survey, a substantial 39 percent moved. The single biggest reason retirees moved was to downsize (34 percent), followed by to reduce expenses (29 percent), to start a new chapter in life (28 percent), and to be closer to family and friends (27 percent). Multiple responses to this question were allowed.
Among workers aged 50 or older, expectations about moving in retirement are in line with the experiences of retirees. The 57 percent majority of workers aged 50-plus would prefer to stay in their current home when they retire, 26 percent would like to move and 17 percent are unsure.
Source: Transamerica Center for Retirement Studies, The Current State of Retirement: Pre-Retiree Expectations and Retiree Realities
No comments:
Post a Comment