Poll: Many boomers expect to retire where they are
Financial experts say those losses, including home prices that have dropped by a third nationwide over the past four years, have left boomers anxious about moving and selling their homes.
Many baby boomers say they’re likely to stay put in retirement amid a shaky economy. Those who hope to buy a new place are looking for a smaller home in a better climate that’s more affordable and close to family, a new poll finds.
The 77 million-strong generation born between 1946 and 1964 is increasingly worried about retirement and their finances in light of the economic crisis of the past three years. Just 9 percent say they are strongly convinced they’ll live comfortably in retirement…