Reverse Mortgage Daily

  • Home
  • About
  • Wholesale Lenders
  • Jobs
  • Awards
  • Advertise
  • Contact
  • Content
  • Calculator
  • Categories
    • 1st Reverse Mortgage USA
    • Alternatives
      • EquityKey
      • REX
    • American Advisors Group
    • CFPB
    • Chart of the Day
    • Commentary
    • Counseling
    • Data
    • Events
    • FHA
    • GNMA
    • Gov. Updates
    • Impac
    • International
    • Interview Series
    • Jumbo Products
    • Leads
    • Legislation
    • Lenders
    • Live Well
    • Marketing
    • MBA Reverse
    • Moneyhouse
    • Nationstar
    • Nationwide Equities
    • New Category
    • New York Life
    • News
    • NRMLA
    • Ocwen
    • Podcast
    • Products
      • 1st Reverse
      • Bank of America
      • Countrywide
      • Financial Freedom
      • FNMA Homekeeper
      • Generation Mortgage
      • Gold Reverse
      • Golden Gateway
      • Guardian First
      • HECM
      • JB Nutter
      • Liberty Reverse
      • Live Well Financial
      • LLS
      • MetLife
      • Quicken
      • Reverseit
      • Seattle Mortgage
      • Security One
      • Sun West
      • Virtual Bank
      • Wells Fargo
    • Rates
    • Retirement
    • Reverse Mortgage
    • Reverse Mortgage Jobs
    • Reverse Mortgage USA
    • Senior Housing
    • Servicers
      • Celink
      • RMS
    • Technology
      • Bay Docs
      • Mortgage Cadence
      • Reverse Vision
    • Top HECM Lenders
    • Training
    • Video
    • Walter Investment
    • Walter Investment Corporation
    • Warehouse Lines
  • RSS






« HUD Asks Congress for More Authority to Manage Reverse Mortgage Product
Texas Completes State’s 50,000th Reverse Mortgage »

AARP: Most Americans Will Age in Suburbs

November 18th, 2012  |  by Elizabeth Ecker Published in News, Reverse Mortgage

With most baby boomers spending the majority of their adult lives in the suburbs, it is expected that they will opt to age in place there throughout their retirement years, according to a new study from AARP. 

The current lifestyles and location preferences of baby boomers will be a huge driver for where they decide to age in place, according to the report. 

That location choice, in turn, directs and determines the majority of services and networks available to the aging population, AARP writes. 

“The place where people live as they age is  critical to the kind of support networks and mobility options available to them at home. Currently, the vast majority (83 percent) of baby boomers live in suburban and small towns or rural areas,” the report states. 

One of the biggest issues of concern to policymakers will be this proportion of the older population that does decide to remain outside of urban areas in retirement. The decision will be based largely on the age at which boomers decide to retire. Regardless, transportation will come into play for many. 

“Baby boomers’ choices about whether to  move after they retire, and, if so, where and when, are entwined with the economy and housing market, the desire to continue working if possible, and their family situations,” AARP reports. “But policymakers are carefully watching whether the baby boomers who chose to move will consider transportation issues in making their decision.”

Transportation will not only be an issue for private providers of services for aging customers but also a public policy consideration. 

“To meet their evolving transportation needs, both public and private investments will be needed, as well as continued research in new technologies and individual mobility planning,” AARP writes. 

View the full report. 

Written by Elizabeth Ecker


Sign up to receive free updates like this by email or subscribe by RSS feed. Thanks for reading!

Share this:

  • Google +1
  • Facebook
  • Twitter

Email This Post Email This Post Print This Post Print This Post
    Related Posts
  • AARP Survey Finds 90% of People 65+ Want to Stay in Their Homes
  • CNBC: With Cities Unprepared, Boomers Pave the Way for Aging in Place
  • As Baby Boomers Start Turning 65, Optimistic Outlook for the Future says AARP



.

Daily news on the reverse mortgage industry delivered to your inbox.



Wholesale Lender Sponsors

AAG Wholesale
Liberty Home Equity Solutions
Security One Lending
HighTechLending Inc.
Nationwide Equities
Urban Financial Group
Generation Mortgage Company
SunWest Mortgage
Live Well Financial
Reverse Mortgage Solutions

Sponsors







Exclusive Training Provider







RSS Reverse Mortgage Jobs

  • Reverse Mortgage Consultant
  • Spanish Bilingual Reverse Mortgage Originator
  • Spanish Bilingual Reverse Mortgage Originator
  • Spanish Bilingual Reverse Mortgage Originator
  • Reverse Mortgage Loan Officer
  • Reverse Mortgage Specialist
  • Reverse Mortgage Originator
  • Loan Officer

Popular Posts

  • Reverse Mortgage Applications Fall Sharply Following FHA Changes
  • HUD Updates Non-Recourse Language in Reverse Mortgage Handbook
  • Senators Seek Answers On Reverse Mortgage Program, Changes
  • Cherry Creek Targets Reverse Mortgage For Purchase, Hires Kauker
  • HUD Awards $40 Million in Counseling Funding Including Reverse Mortgages

Recent Articles

  • Reverse Mortgages a Silver Lining of Low Interest Rates for Seniors
  • Fed to Wind Down Bond Buying As Economy Improves
  • Largest Banks Fall Short of National Mortgage Servicing Standards
  • CFPB Brings Consumer Complaint Access Local Through City Partnership
  • Senators Seek Answers On Reverse Mortgage Program, Changes
  • HUD Awards $40 Million in Counseling Funding Including Reverse Mortgages
  • Too Early for Bubble Talk, Despite Surging Home Prices


Our Sites

Senior Housing News

Home Health Care News


©2013 Reverse Mortgage Daily
Powered by WordPress using the Gridline Lite theme by Graph Paper Press.