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Retirement News
Senior Citizens Packing Up and Heading Home from
Retirement Meccas
USA Today finds a challenge facing communities in
North, Midwest
 Feb.
26, 2007 – Senior citizens, maybe living longer than they thought, are
returning to their home states in the North and Midwest after leaving
their homes at retirement for life in Florida or other popular
retirement states. These returning now-much-older Americans are less
independent than when they left and are creating a challenge for the
communities they want to call home, again. This aging 'boomerang' was
explored by USA Today.
Communities Struggle To
Accommodate 'Boomerang' Effect of Retirees With Health Problems
USA Today on Thursday examined "boomerang" retirees -- "seniors who
moved away early in retirement and are returning home" because they are
"lonely, in failing health or want to be near family" -- and efforts by
communities that "are seeing this return migration of older retirees ...
to accommodate them" (Nasser [1], USA Today, 2/22).
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According to
USA Today, such retirees are "challenging communities in the
Northeast and Midwest that already are grappling with the needs of an
aging population." The number of such retirees likely will increase as
the 79 million baby boomers age and their longevity increases.
The
U.S. Census Bureau reports that the number of U.S. residents ages 80
and older will increase to 15.6 million by 2025, up from 10.7 million
currently (Nasser [2], USA Today, 2/22). In addition, a
National Association of Area Agencies on Aging study conducted in
2006 found that more than "half of the communities in the country had
not begun to plan for the aging of their existing population, much less
contemplate a boomerang population coming back in their community,"
group CEO Sandy Markwood said. As a result, a number of private
companies are "sprouting to fill the void in public services for the
aging," according to USA Today (Nasser [1], USA Today, 2/22).
Broadcast Coverage
In related news, PBS' "Nightly
Business Report" on Thursday included a report on the increasing
demand for geriatricians as the nation's elderly population increases.
According to "Night Business Report," the number of geriatricians in the
U.S. will decline by half in the next twenty years, based current rates
of retirement in the specialty. The segment includes comments from
Gloria Weinberg, director of medical training at
Mount Sinai Medical Center, and Leo Cooney, a professor of geriatric
medicine at Yale University
School of Medicine (Yastine, "Nightly Business Report," PBS, 2/22).
A transcript of the segment is available
online.
>>
Complete story in USA Today, click
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