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Where to Retire?

Prudential Gouger O'Neal & Saunders has recently partnered with Where to Retire Magazine as part of our marketing strategy to attract retirees.  The editorial below, by the managing editor, will explain why we think that this opportunity is a good for us and for our clients. In the short time we have been associated with the magazine, as a provider of information about retirement opportunities, we have had over 500 leads requesting information about our area!

We think that Moore County has many of the attributes and amenities that are mentioned as desirable for this growing population segment as the editor mentions in "Rocking the Housing Market".

 
(direct link to the online magazine)
Letter from the Editor
"Rocking the Housing Market"

It's not hard to figure out why communities across America have the welcome mat out for retirees.  They want your charity and your tax dollars, and they want you to spend your grocery money in their stores.  They also want your time, ideas and expertise as volunteers.  It's like marrying for money and then discovering that you're in love.

Although many seniors sometimes feel constrained by fixed incomes, they probably have more financial clout than they think.  "Retired Americans hold 70 percent of the personal financial assets in this country," says Mike Woods, rural development specialist at the Oklahoma State University Cooperative Extension, which offers advice to rural communities seeking growth opportunities.

There are other reasons that small communities want you in their population base.  Many older Americans have the time and money to move.  They tend to use less tax-supported services than younger residents, although they contribute a significant amount of the taxes.  They tend to spend their money locally. 

They research their retirement options for 10  15 years.  Many want to move out of the cities to get away from hassles like traffic and crime.  And they often explore for retirement the places they have most enjoyed on vacation.

For that reason, more resort towns might do well to consider coordination relocation and tourism efforts.  "Each community should be aware that middle-aged visitors may be scouting out retirement locations while they are vacationing."  Woods says. 

The Urban Land Institute also has noted the attraction of moving to a perpetual vacation location.  But in its book, "Developing Active Adult Retirement Communities," the nonprofit association says retires no longer are content with clubhouses and golf course.  Now they also want concierge services, massage therapy and fitness centers with lap pools and jogging tracks.

And many communities don't wait for retirees to knock on the door.  OSU's Woods cites one community that identified Oklahomans who had followed a successful marketing strategy that recruited those former residents home in retirement.

This all goes to show that if you don't feel appreciated where you're living now, it may be time to move.  There are towns in all elevations and climates, all sizes and persuasions, where you will be appreciated greatly.

Here at Where to Retire, our own readers generally clue us into trends before we have time to read about them in scholarly studies and commercial surveys.  But we have to agree with the Urban Land Institute when it says that with 45 percent of baby boomers expecting to move to another home in retirement, that's "a force that will rock the housing market."

Rock on, my friends.


Robin Fowler,  Managing Editor of Where to Retire