SAN DIEGO: Retiring baby boomers are turning the conventional wisdom about simplifying and downsizing on its head.
A good chunk of the 65-and-older set are moving into larger homes or sinking big bucks into remodeling projects to create the homes of their dreams.
“More and more people are trying to turn the empty nest into a nurturing nest,” said Ken Dychtwald, CEO of the marketing consulting firm Age Wave, which, with Merrill Lynch, commissioned a new report on housing and retirement.
“Retirees are reinvisioning the role of the home.”
Over the next decade, nearly all of the nation’s household growth will come from the 65 and older.
This change in housing will affect everything from high-tech gadgetry that can help people age in place to the level of investment the government will make to provide services to support an aging citizenry…