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Retirement Planning > Spending in Retirement > Income Planning

Boomer population to surge in metro suburbs

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Metropolitan suburbs will see a surge of boomers-turned-seniors over the next decade.

New information released this month from Washington D.C.-based Brookings Institution – a nonprofit research organization – shows boomer numbers will grow fastest in the Intermountain West, the Southeast, and Texas. These states are projected to see the senior population grow by up to 70 percent.

“Because the boomers were the nation’s first fully ‘suburban generation,’ their aging in place will cause many major metropolitan suburbs– such as those outside New York and Los Angeles–to ‘gray’ faster than their urban counterparts,” says the Institutions latest report, “Getting Current. Recent Demographic Trends in Metropolitan Area.”

Download the full report here.


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