3/6/2015 – Retirement in a Community, but Which One? (The New York Times)

Choosing where to live could be the single most important and difficult decision retirees will make. While it’s not impossible to undo a wrong decision, making the right one the first time is far less painful, emotionally and financially. As baby boomers move toward retirement or plan for it, 4.5 percent of those ages 55 to 65 move each year, according to Margaret A. Wylde, president and chief executive of the ProMatura Group, a market research firm in Oxford, Miss., which specializes in older consumers. In addition, she said, 20 percent of people in that age group looking for a home want to live in a 55-plus community, 30 percent would consider it and 40 to 50 percent prefer an all-age community but might change their minds.

Read the full article at The New York Times.