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Baby Boomers Favor Carolinas Over Florida for Retirement

By PulseAugur Editorial · [1 sources] ·

Baby boomers are increasingly choosing the Carolinas over Florida for retirement, according to a U-Haul migration report. While Florida remains popular for younger generations, older retirees are opting for North and South Carolina due to lower housing costs, more affordable property taxes, and a wider variety of recreational activities. Additionally, concerns about Florida's rising insurance premiums, extreme summer heat, and storm risks are prompting a shift towards the Carolinas' milder climate and varied terrain. AI

RANK_REASON Article discusses migration trends based on a U-Haul report, not a direct industry event.

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Baby Boomers Favor Carolinas Over Florida for Retirement

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Article discusses migration trends based on a U-Haul report, not a direct industry event.
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Andrew McGowan ·

    Baby boomers are skipping Florida for the Carolinas in retirement—and cheaper homes are only part of the reason

    Florida still ranked No. 3 for boomers in U-Haul's new midyear report, but lower property taxes, cheaper housing, and a quieter pace pushed South Carolina and North Carolina ahead.

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