Hilton Head Benefits from Baby Boomer Stampede Toward Retirement

Posted by Rick Turner on Sunday, November 4th, 2012 at 12:53pm.

 

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Baby Boomers represent the largest generation in the history of America. A few years ago a Fortune Magazine article reported there were 77 million Boomers in the country, which is three times any previous generation in history.

History shows us that any time the Baby Boomer generation entered a new phase in life, the
US economy changed to accommodate their massive numbers. They have controlled the economy since their boom started in 1946.

The Fortune article touched on how Baby Boomers are now stampeding at a rapid pace toward their retirement years and will be doing lots of buying, just as they have done when they entered past phases.

Now that Baby Boomers are entering the retirement phase, where are they going? A recent article in USA Today showed a detailed map of where they are headed. Forty-two percent indicated that they wanted to retire to the Southeastern part of the United States. Three percent wanted to retire in the Northeast and nine percent were headed to the West Coast. With so many Baby Boomers heading our way, it will be similar to the Texas oil boom.

According to the Fortune article, this will be the largest demographic shift in population we have ever seen in American history. As Baby Boomers make their stampede toward warmer climates, timing will be everything. If you enjoy the Hilton Head Island area or other areas in the Southeastern United States, make the move to buy now before the stampede arrives in full force.

Beat the stampede and purchase a home, villa or lot in the Hilton Head area. Visit our website to find properties of interest, and email me or give us a call at (843) 816-0796 with your questions or to schedule an appointment. Rick Turner and Associates – Expect More. Get More.

 

Rick

Rick Turner has been one of the top Realtors in the Hilton Head Island-Bluffton-Beaufort area for over 30 years. He loves being involved in community activities and spending time with his lovely wife. In his free time his wife and he thoroughly relish spending time with their children and grandchildren.  

Rick Turner

Turner/Rudd Team

Engel & Volkers Hilton Head Island - Bluffton 

Mobile: 843-816-0796

E-mail: Rick.Turner@evusa.com

Website: www.turnerruddteam.evusa.com

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