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There are many myths about baby boomers, not least those propagated by boomers themselves, and a study by AARP Services and Focalyst sets out to debunk some of them.
For one, it rebuts the notion that boomers are downsizing their homes, now that they’ve entered their empty-nester phase and are nearing retirement. “In fact, only 6 percent of boomers are planning to be living in a smaller residence five years from now,” says the report.
Moreover, the purported reasons for any such residential downsizing are themselves mythical.
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