<\/a><\/p>\n In contrast to the Eisenhower generation, which departed cities for the suburbs, Baby Boomers <\/a>are following a trend typically lead by younger people, and moving closer to cities.<\/p>\n (Related:\u00a0Long-Term-Care Insurance Dilemma<\/a>)<\/p>\n A large number of boomers are empty nesters, and no longers have to consider school districts and yard sizes. As a result they are being drawn towards dense urban cores near restaurants, retail shops, movie theaters, and easily accessible public transportation.<\/p>\n Over a million baby boomers<\/strong>, between 2000 and 2010, moved from areas 40 to 80 miles from city centers, while a similar number moved to within 5 miles of city centers, according to an analysis of 50 large cities by the real estate brokerage Redfin<\/a>.<\/p>\n (Related:\u00a0Health Insurance Scams On The Rise<\/a>)<\/p>\n However, a 2010 AARP<\/a> survey found that 85 percent of people 50 to 64 would rather remain in their current residences, but the percentage does decrease with higher income — a relevant detail (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" In contrast to the Eisenhower generation, which departed cities for the suburbs, Baby Boomers are following a trend typically lead by younger people, and moving closer to cities. (Related:\u00a0Long-Term-Care Insurance Dilemma) A large number of boomers are empty nesters, and…<\/span><\/p>\n