America’s Newest Seniors Are Changing the Face of Retirement
After a decade of arrested development, Millennials are finally the biggest generational cohort in the home-buying market. But, Baby Boomers – those born between 1946 and 1964 – are still comfortably ahead in homeownership rates. With the youngest Boomers now aged 55, this is already the largest generation of seniors in history. Not only are Boomers retiring in droves, but retirement is also on the horizon for the oldest of Generation X.
A year ago, we investigated attitudes on housing among Gen Xers, Millennials and Gen Zers. Curious about the attitudes of Americans aged 45 and older on housing, retirement and finances, PropertyShark conducted a generational survey on their preferences.