Baby Boomers Eyeing Real Estate

The Phoenix Business Journal reports on the Pulte/Del Webb study also. Among those willing to move to a different state during retirement, younger boomers prefer North Carolina, while older boomers prefer Florida. Overall, Arizona scored 12 percent of the vote. Of all respondents, 17 percent estimated they would require savings between $500,000 and $1 million to live comfortably throughout retirement, 15 percent said between $200,000 and $500,000, and 12 percent estimated needing between $1 million and $2 million. More...