Is there a “one-size-fits-all” approach to moving past “midlife?” Not according to Canadian baby boomer and international marketing expert Tina Jagros. She writes in BoardroomMetrics.com that each of us will decide on our own retirement lifestyle.
As a Baby Boomer, I know there is no “one-size-fits-all” approach to moving past “midlife.” We are pioneering a new kind of retirement lifestyle to fit how we want our lives to unfold. Like all pioneers, we know where we want to go but are working on a road map on just how to get there. I think I can help provide a couple of signposts along the waywith some Baby Boomer Housing Trends that I believe will help make our minds up on just what we want in the next chapters of our lives.
Aging in place – The first preference for more than 60 percent of Boomers surveyed is to stay put in our own homes, if at all possible and IF the home meets our changing needs. Some of the attributes we will want may already exist in our homes, while others may be possible with renovation, but if it doesn’t meet the trends below, we will definitely be leaving it behind.
Active Lifestyles – Baby Boomers want to be active now, more than ever before. Walking, jogging, and bicycle paths, pools, and recreation centers are all high on our list of what we want, as we enjoy our new free time and our newfound wellness routines.
Upscale Finishes & Technology Friendly – We want convenience and luxury. This is particularly true in our principal rooms: master bedroom and bath, laundry room, great room, kitchen. We want all thebells and whistles, especially if they reduce maintenance and work. Smart homes and appliances, internet connectivity, terraces and decks are all part of how we see our future years.
Quality of Life – This is critical for us as Baby Boomers. Proximity to potential jobs, friends, and family is certainly important to our retirement lifestyle. Equally important is the need to be close to medical and educational facilities, entertainment like movies, plays, music, sports, and of course shopping and restaurants. On the flip side, we want to minimize things like outdoor maintenance and snow removal. Given these criteria, we will quickly zero in on the physical location for our home.
Proximity to and Ease of Transportation – Most Boomers are not interested in giving up their cars, certainly not yet. So being able to walk or take public transportation to satisfy casual entertainment and shopping and essential service requirements will become a bigger factor in our decision process. As part of suburbia, we drove everywhere and had a never-ending to-do list. In this part of our lives, we will want to take a little more time to smell the roses.
We are determined to live out the rest of our lives in a less hectic, more casual way. We want to enjoy our lives with our friends and families in homes that provide us with comfort and convenience and that we want to be fulfilled in every way mentally, physically and emotionally. Tall order!
Special thanks to Boardroom Metrics.