We Boomers have always been a generation on the move. We went from childhood homes to college dorms; from first apartments, to starter homes, to family-size homes. Ultimately, some of us upgraded to even bigger homes. We’ve moved for jobs, to accommodate growing families, or changes in marital status; sometimes, we moved simply for a change of scenery. Compare this with our parents’ experience. Those members of “The Silent Generation” likely moved from their parents’ home to their first home as a married couple, put down roots and pretty much stayed there. I know this first hand: my 82-year-old mother, now a widow, has lived in the same house for 59 years—which isn’t too unusual among her circle of family and friends.
Recently, I attended a house party with 30 or so Boomer friends. To my surprise, the conversation strayed to a topic I never thought we Boomers would find ourselves discussing: retirement and downsizing. We talked about watching our parents struggle with living in homes that no longer suited them—whether it meant coping with stairs, dealing with getting into and out of bathtubs, or even having to get on ladders (or chairs!) to change light bulbs. When I mentioned “aging in place,” I found the term was not unfamiliar to my Boomer friends. We all agreed: unlike our parents, we want to plan ahead and “age in place” in a home that’s convenient and suitable to our needs. We especially don’t want the physical challenges of a home to make us feel old.
With the first wave of 78 million Boomers reaching 65 in 2011, helping Boomers adapt their existing homes or finding housing suitable for “aging in place” will become critical. Taking into consideration the uncertainty of retirement funds, Social Security, and healthcare costs, Boomers are realizing the importance of getting their “ducks in a row” now, in order to plan for an aging process that is seamless and carefree. With 89% of today’s seniors saying they want to “age in place” and live independently, you can bet it won’t be any different for Boomers, who have always prided themselves on their active, independent lifestyle.
That means there will be a plethora of opportunities for companies that market and sell lifestyle-enhancing home products, as cited in Marilynn Mobley’s Blog, BABY BOOMER INSIGHTS. The challenges will be for marketers to position these products in such a way that doesn’t insult the Boomer audience. We don’t mind change, after all we’ve moved enough over the years; we just don’t want the change to remind us we’re aging. Whether we downsize, upsize, remodel, adapt, retrofit or whatever you want to call it, we’re going to think of it as enhancing our lifestyle.
– posted by Tom Gorski
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