Poll: Baby Boomers Willing But Unable to Move

The Associated Press
baby boomer housing
baby boomer housing

WASHINGTON -- As baby boomers look ahead to retirement, they'd prefer a home that is affordable, accessible to medical care and close to family. But an Associated Press-LifeGoesStrong.com poll finds that amid a shaky economy, few think it's likely they'll move in retirement.

Shelley Wernholm, a 47-year-old single mother of two who works for a health insurance company in Cleveland, said she wanted to retire and move to a new home by 60. But her pension was eliminated five years ago, her personal investments tanked during the recession and her home of 21 years has lost more than half of its value.

"I was hoping I'd be moving to a beach somewhere, anywhere, preferably a warm one," Wernholm said. "But I'm not moving. I can't. It's hard to remain optimistic."