Many Baby Boomers are indeed downsizing, but according to recent data, 46% plan to upsize. Not as many Boomers plan to relocate either, as analysts frequently report; 63% intend to stay in their current homes. Of those planning to relocate, 51% have no plans to move to a retirement community in a sunny locale; 67% will stay within their home State, with 51% planning to stay within 30 miles of their current address. Additionally, many of the survey participants plan on making large upgrades to their current homes. More here
