Gen Xers are increasingly relocating to warmer states such as Florida, central Texas, and north Georgia, drawn by lower housing prices and taxes. Many are seizing the opportunity to secure affordable homes to ensure financial stability by the time they retire. Recent Census data reveals a marked increase in movers aged 45 to 54 in these retirement destinations, with Gen Xers strategically choosing neighborhoods that have historically catered to retirees, taking advantage of the favorable living costs despite facing challenges like high utility bills.
Gen Xers are relocating to retirement hotspots, seeking affordable housing and favorable climates, aiming to establish financial stability before retirement.
The analysis from 2020 to 2023 indicates a significant migration of 45 to 54-year-olds to southern states, particularly Florida and central Texas.
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